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Tuesday, November 5, 2024

How did home prices perform in Milwaukee during October 2018?

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The median sale price of a home sold in October 2018 in Milwaukee rose by $9,450 while total sales increased by 86.3%, according to BlockShopper.com.

In October 2018, there were 1,073 homes sold, with a median sale price of $92,000 - a 11.4% increase over the $82,550 median sale price for the same period of the previous year. There were 576 homes sold in Milwaukee in October 2017.

The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 3.2% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Wauwatosa88114-22.8%$217,000$228,750-5.1%
Hales Corners1129-62.1%$192,114$207,000-7.2%
Glendale453721.6%$180,000$174,9002.9%
St. Francis1927-29.6%$165,000$137,50020%
West Milwaukee78-12.5%$157,500$128,10023%
Greenfield75698.7%$150,000$140,0007.1%
South Milwaukee4348-10.4%$150,000$142,4505.3%
Brown Deer3334-2.9%$148,400$135,4509.6%
Cudahy4564-29.7%$145,000$125,45015.6%
West Allis145162-10.5%$138,000$125,25010.2%
Milwaukee1,07357686.3%$92,000$82,55011.4%

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