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Monday, November 25, 2024

Oak Creek median home prices fell by 2.4% in May 2020

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The median sale price of a home sold in May 2020 in Oak Creek fell by $5,750 while total sales decreased by 17.1%, according to BlockShopper.com.

In May 2020, there were 58 homes sold, with a median sale price of $234,000 - a 2.4% decrease over the $239,750 median sale price for the same period of the previous year. There were 70 homes sold in Oak Creek in May 2019.

The median sales tax in Oak Creek for the most recent year with available data, 2017, was $4,857, approximately 2.1% of the median home sale price for May 2020.

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

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
River Hills45-20%$377,819.50$770,000-50.9%
Fox Point1425-44%$340,750$293,00016.3%
Franklin6273-15.1%$265,450$247,0007.5%
Wauwatosa119131-9.2%$246,000$259,000-5%
Greendale3138-18.4%$235,000$255,000-7.8%
Oak Creek5870-17.1%$234,000$239,750-2.4%
Glendale3154-42.6%$221,500$208,2506.4%
Hales Corners1316-18.8%$210,000$223,600-6.1%
Greenfield5195-46.3%$172,100$174,900-1.6%
St. Francis1529-48.3%$167,000$163,8002%
Cudahy3643-16.3%$158,000$144,5009.3%

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