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Saturday, November 2, 2024

What happened to the median home price in West Milwaukee during June 2020?

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The median sale price of a home sold in June 2020 in West Milwaukee rose by $55,500 while total sales increased by 150%, according to BlockShopper.com.

In June 2020, there were 15 homes sold, with a median sale price of $164,000 - a 51.2% increase over the $108,500 median sale price for the same period of the previous year. There were six homes sold in West Milwaukee in June 2019.

The median sales tax in West Milwaukee for the most recent year with available data, 2017, was $3,766, approximately 2.3% of the median home sale price for June 2020.

The following table compares West 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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