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Tuesday, November 5, 2024

Home prices increased in River Hills during August 2018

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The median sale price of a home sold in August 2018 in River Hills rose by $106,450 while total sales increased by 100%, according to BlockShopper.com.

In August 2018, there were four homes sold, with a median sale price of $624,950 - a 20.5% increase over the $518,500 median sale price for the same period of the previous year. There were two homes sold in River Hills in August 2017.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 2.5% of the median home sale price for August 2018.

The following table compares River Hills 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)
River Hills42100%$624,950$518,50020.5%
Whitefish Bay575014%$380,000$375,4001.2%
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%

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