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Tuesday, November 5, 2024

What happened to the median home price in River Hills during April 2019?

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The median sale price of a home sold in April 2019 in River Hills rose by $120,000 while total sales increased by 50%, according to BlockShopper.com.

In April 2019, there were three homes sold, with a median sale price of $770,000 - a 18.5% increase over the $650,000 median sale price for the same period of the previous year. There were two homes sold in River Hills in April 2018.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 2% of the median home sale price for April 2019.

The following table compares River Hills to other Milwaukee County cities with similar median sale prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
River Hills3250%$770,000$650,00018.5%
Whitefish Bay484311.6%$374,950$389,000-3.6%
Bayside211540%$373,400$252,00048.2%
Shorewood177142.9%$340,000$480,000-29.2%
Fox Point271668.8%$330,000$293,95012.3%
Franklin897321.9%$249,000$206,20020.8%
Wauwatosa86118-27.1%$240,575$231,9003.7%
Hales Corners198137.5%$230,000$256,500-10.3%
Glendale393414.7%$210,000$208,0001%
Oak Creek3557-38.6%$208,000$224,000-7.1%
Greendale2529-13.8%$207,600$220,000-5.6%

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