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Monday, November 25, 2024

Pricing for the median home in Fox Point increased during May 2020

Realestate5

The median sale price of a home sold in May 2020 in Fox Point rose by $47,750 while total sales decreased by 44%, according to BlockShopper.com.

In May 2020, there were 14 homes sold, with a median sale price of $340,750 - a 16.3% increase over the $293,000 median sale price for the same period of the previous year. There were 25 homes sold in Fox Point in May 2019.

The median sales tax in Fox Point for the most recent year with available data, 2017, was $8,045, approximately 2.4% of the median home sale price for May 2020.

The following table compares Fox Point 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)
Whitefish Bay3753-30.2%$525,000$365,00043.8%
Shorewood910-10%$399,900$384,5004%
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%

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