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Tuesday, November 26, 2024

Median home prices in River Hills rose to $656,500 in October 2021

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The median sale price of a home sold in October 2021 in River Hills rose by $129,750 while total sales decreased by 62.5%, according to BlockShopper.com.

In October 2021, there were six homes sold, with a median sale price of $656,500 - a 24.6% increase over the $526,750 median sale price for the same period of the previous year. There were 16 homes sold in River Hills in October 2020.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 2.4% of the median home sale price for October 2021.

The following table compares River Hills to other Milwaukee County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
River Hills616-62.5%$656,500$526,75024.6%
Fox Point2023-13%$437,750$269,90062.2%
Whitefish Bay39390%$413,000$435,000-5.1%
Bayside279200%$363,700$343,0006%
Shorewood15887.5%$360,000$406,000-11.3%
Wauwatosa15113710.2%$281,000$259,0008.5%
Hales Corners1921-9.5%$280,000$224,50024.7%
Franklin938016.3%$265,900$262,0501.5%
Greendale3144-29.5%$260,000$229,50013.3%
Oak Creek6975-8%$260,000$245,0006.1%
Glendale584141.5%$259,250$198,00030.9%

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