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Friday, November 1, 2024

How did home prices perform in Greendale during May 2020?

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The median sale price of a home sold in May 2020 in Greendale fell by $20,000 while total sales decreased by 18.4%, according to BlockShopper.com.

In May 2020, there were 31 homes sold, with a median sale price of $235,000 - a 7.8% decrease over the $255,000 median sale price for the same period of the previous year. There were 38 homes sold in Greendale in May 2019.

The median sales tax in Greendale for the most recent year with available data, 2017, was $5,439, approximately 2.3% of the median home sale price for May 2020.

The following table compares Greendale 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)
Bayside1116-31.3%$383,000$369,8503.6%
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%

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