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Tuesday, November 5, 2024

Home prices increased in South Milwaukee during November 2018

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The median sale price of a home sold in November 2018 in South Milwaukee rose by $36,600 while total sales increased by 54.8%, according to BlockShopper.com.

In November 2018, there were 48 homes sold, with a median sale price of $136,500 - a 36.6% increase over the $99,900 median sale price for the same period of the previous year. There were 31 homes sold in South Milwaukee in November 2017.

The median sales tax in South Milwaukee for the most recent year with available data, 2017, was $4,049, approximately 3% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Franklin6070-14.3%$223,500$240,000-6.9%
Hales Corners1424-41.7%$195,350$187,0004.5%
Glendale2840-30%$183,750$177,9003.3%
Greenfield795933.9%$163,600$165,500-1.1%
Cudahy3660-40%$138,500$130,0006.5%
South Milwaukee483154.8%$136,500$99,90036.6%
St. Francis1921-9.5%$136,000$146,300-7%
West Allis122149-18.1%$134,000$125,0007.2%
Brown Deer3337-10.8%$124,800$135,000-7.6%
West Milwaukee411-63.6%$114,450$128,400-10.9%
Milwaukee94452579.8%$96,750$72,00034.4%

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