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Saturday, November 2, 2024

June 2020: Fox Point experienced a 10.9% drop in median home prices

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The median sale price of a home sold in June 2020 in Fox Point fell by $39,400 while total sales increased by 9.5%, according to BlockShopper.com.

In June 2020, there were 23 homes sold, with a median sale price of $322,500 - a 10.9% decrease over the $361,900 median sale price for the same period of the previous year. There were 21 homes sold in Fox Point in June 2019.

The median sales tax in Fox Point for the most recent year with available data, 2017, was $8,045, approximately 2.5% of the median home sale price for June 2020.

The following table compares Fox Point 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)
River Hills84100%$750,000$492,40652.3%
Shorewood198137.5%$437,500$300,00045.8%
Bayside131030%$400,000$283,75041%
Whitefish Bay4257-26.3%$344,500$380,000-9.3%
Fox Point23219.5%$322,500$361,900-10.9%
Franklin7277-6.5%$285,050$255,00011.8%
Wauwatosa111134-17.2%$269,800$252,2507%
Greendale3038-21.1%$247,050$236,0004.7%
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%

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