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Friday, December 27, 2024

West Milwaukee median home prices fell by 12.5% in August 2018

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The median sale price of a home sold in August 2018 in West Milwaukee fell by $17,900 while total sales increased by 200%, according to BlockShopper.com.

In August 2018, there were nine homes sold, with a median sale price of $125,000 - a 12.5% decrease over the $142,900 median sale price for the same period of the previous year. There were three homes sold in West Milwaukee in August 2017.

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

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Greendale513070%$218,000$210,0003.8%
Hales Corners1620-20%$209,500$220,000-4.8%
Glendale5153-3.8%$192,000$176,8008.6%
Greenfield97110-11.8%$162,000$165,750-2.3%
St. Francis383026.7%$146,000$118,95022.7%
South Milwaukee5053-5.7%$142,600$150,000-4.9%
Cudahy5051-2%$142,250$122,30016.3%
Brown Deer3842-9.5%$140,783.50$141,000-0.2%
West Allis17415810.1%$134,950$131,8002.4%
West Milwaukee93200%$125,000$142,900-12.5%
Milwaukee1,19960598.2%$115,000$95,00021.1%

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