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Tuesday, November 5, 2024

December 2018: West Milwaukee experienced a 22.4% drop in median home prices

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The median sale price of a home sold in December 2018 in West Milwaukee fell by $38,000 while total sales increased by 200%, according to BlockShopper.com.

In December 2018, there were nine homes sold, with a median sale price of $131,900 - a 22.4% decrease over the $169,900 median sale price for the same period of the previous year. There were three homes sold in West Milwaukee in December 2017.

The median sales tax in West Milwaukee for the most recent year with available data, 2017, was $3,766, approximately 2.9% of the median home sale price for December 2018.

The following table compares West Milwaukee to other Milwaukee County cities with similar median sale prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Greendale22214.8%$219,600$175,00025.5%
Glendale29283.6%$182,500$156,50016.6%
Hales Corners917-47.1%$165,000$166,000-0.6%
Cudahy34340%$148,500$149,500-0.7%
Greenfield6065-7.7%$145,250$144,0000.9%
South Milwaukee3239-17.9%$143,375$129,90010.4%
West Allis1311264%$136,900$128,7506.3%
West Milwaukee93200%$131,900$169,900-22.4%
St. Francis241650%$129,700$136,250-4.8%
Brown Deer3035-14.3%$125,900$124,8000.9%
Milwaukee985474107.8%$96,500$95,0001.6%

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