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Saturday, November 2, 2024

Milwaukee home prices rose in June 2020

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The median sale price of a home sold in June 2020 in Milwaukee rose by $12,500 while total sales decreased by 11%, according to BlockShopper.com.

In June 2020, there were 963 homes sold, with a median sale price of $127,450 - a 10.9% increase over the $114,950 median sale price for the same period of the previous year. There were 1,082 homes sold in Milwaukee in June 2019.

The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 2.3% of the median home sale price for June 2020.

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

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Oak Creek5361-13.1%$241,000$244,000-1.2%
Hales Corners13130%$240,000$228,0005.3%
Greenfield7980-1.3%$200,000$180,00011.1%
Glendale55550%$190,000$183,0003.8%
Brown Deer312810.7%$176,000$164,0007.3%
St. Francis2122-4.5%$172,500$191,500-9.9%
Cudahy3647-23.4%$164,800$158,0004.3%
West Milwaukee156150%$164,000$108,50051.2%
South Milwaukee2836-22.2%$163,550$164,500-0.6%
West Allis139149-6.7%$143,700$147,200-2.4%
Milwaukee9631,082-11%$127,450$114,95010.9%

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