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Tuesday, November 5, 2024

Oak Creek median home prices rose by 16.7% in August 2018

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The median sale price of a home sold in August 2018 in Oak Creek rose by $31,550 while total sales increased by 39.3%, according to BlockShopper.com.

In August 2018, there were 78 homes sold, with a median sale price of $220,000 - a 16.7% increase over the $188,450 median sale price for the same period of the previous year. There were 56 homes sold in Oak Creek in August 2017.

The median sales tax in Oak Creek for the most recent year with available data, 2017, was $4,857, approximately 2.2% of the median home sale price for August 2018.

The following table compares Oak Creek 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)
Shorewood1927-29.6%$373,800$310,30020.5%
Fox Point2332-28.1%$315,000$291,2508.2%
Bayside211910.5%$272,500$315,000-13.5%
Franklin1098922.5%$263,000$210,00025.2%
Wauwatosa16411641.4%$237,000$218,5008.5%
Oak Creek785639.3%$220,000$188,45016.7%
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%

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