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Monday, November 25, 2024

Home prices increased in Milwaukee during November 2020

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The median sale price of a home sold in November 2020 in Milwaukee rose by $36,100 while total sales increased by 29.9%, according to BlockShopper.com.

In November 2020, there were 1,147 homes sold, with a median sale price of $135,000 - a 36.5% increase over the $98,900 median sale price for the same period of the previous year. There were 883 homes sold in Milwaukee in November 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 November 2020.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Oak Creek4952-5.8%$239,500$229,3504.4%
Greendale1943-55.8%$235,200$235,400-0.1%
Glendale322814.3%$231,100$182,20026.8%
St. Francis2210120%$199,500$156,00027.9%
Greenfield836723.9%$190,000$158,10020.2%
Cudahy504413.6%$171,450$141,20021.4%
South Milwaukee423327.3%$170,000$152,50011.5%
West Milwaukee770%$167,500$110,00052.3%
West Allis1371268.7%$162,000$146,95010.2%
Brown Deer282512%$148,000$162,000-8.6%
Milwaukee1,14788329.9%$135,000$98,90036.5%

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