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Saturday, November 2, 2024

What happened to the median home price in South Milwaukee during December 2020?

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The median sale price of a home sold in December 2020 in South Milwaukee rose by $30,000 while total sales increased by 65.5%, according to BlockShopper.com.

In December 2020, there were 48 homes sold, with a median sale price of $185,000 - a 19.4% increase over the $155,000 median sale price for the same period of the previous year. There were 29 homes sold in South Milwaukee in December 2019.

The median sales tax in South Milwaukee for the most recent year with available data, 2017, was $4,049, approximately 2.2% of the median home sale price for December 2020.

The following table compares South 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)
Greendale3138-18.4%$258,000$211,20022.2%
Wauwatosa13610825.9%$250,000$243,4502.7%
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%

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