In August 2020, there were 1,070 homes sold, with a median sale price of $134,950 - a 17.3% increase over the $115,000 median sale price for the same period of the previous year. There were 1,149 homes sold in Milwaukee in August 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 August 2020.
The following table compares Milwaukee to other Milwaukee County cities with similar median sale prices in August 2020:
City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Franklin | 103 | 99 | 4% | $265,000 | $279,150 | -5.1% |
Oak Creek | 70 | 70 | 0% | $245,000 | $236,000 | 3.8% |
Glendale | 44 | 52 | -15.4% | $200,750 | $198,300 | 1.2% |
Greenfield | 79 | 91 | -13.2% | $185,000 | $184,600 | 0.2% |
Brown Deer | 32 | 34 | -5.9% | $175,000 | $161,550 | 8.3% |
South Milwaukee | 50 | 45 | 11.1% | $165,250 | $156,000 | 5.9% |
West Allis | 134 | 161 | -16.8% | $162,250 | $158,500 | 2.4% |
Cudahy | 52 | 64 | -18.8% | $161,870 | $149,250 | 8.5% |
West Milwaukee | 10 | 6 | 66.7% | $158,250 | $131,700 | 20.2% |
St. Francis | 31 | 24 | 29.2% | $157,500 | $161,500 | -2.5% |
Milwaukee | 1,070 | 1,149 | -6.9% | $134,950 | $115,000 | 17.3% |