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Saturday, November 2, 2024

Median home prices in Milwaukee rose to $134,975 in December 2020

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The median sale price of a home sold in December 2020 in Milwaukee rose by $29,225 while total sales increased by 38%, according to BlockShopper.com.

In December 2020, there were 1,358 homes sold, with a median sale price of $134,975 - a 27.6% increase over the $105,750 median sale price for the same period of the previous year. There were 984 homes sold in Milwaukee in December 2019.

The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 2.2% of the median home sale price for December 2020.

The following table compares Milwaukee to other Milwaukee County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Hales Corners2010100%$248,000$227,5009%
Oak Creek685621.4%$235,000$214,2009.7%
Glendale453145.2%$220,000$181,00021.5%
South Milwaukee482965.5%$185,000$155,00019.4%
Greenfield10652103.8%$181,350$177,0002.5%
St. Francis3013130.8%$175,750$160,0009.8%
Cudahy764955.1%$165,400$154,1007.3%
West Allis17610863%$163,500$140,00016.8%
West Milwaukee105100%$159,000$145,0009.7%
Brown Deer423327.3%$155,300$149,0004.2%
Milwaukee1,35898438%$134,975$105,75027.6%

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