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Tuesday, November 5, 2024

July 2018: River Hills experienced a 31.7% increase in median home prices

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The median sale price of a home sold in July 2018 in River Hills rose by $174,440 while total sales decreased by 66.7%, according to BlockShopper.com.

In July 2018, there were three homes sold, with a median sale price of $724,340 - a 31.7% increase over the $549,900 median sale price for the same period of the previous year. There were nine homes sold in River Hills in July 2017.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 2.1% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
River Hills39-66.7%$724,340$549,90031.7%
Shorewood1215-20%$372,950$294,00026.9%
Whitefish Bay4244-4.5%$372,100$355,4004.7%
Bayside221283.3%$309,400$379,605-18.5%
Wauwatosa138146-5.5%$259,000$235,45010%
Fox Point1820-10%$250,450$305,750-18.1%
Franklin94895.6%$241,250$240,0000.5%
Oak Creek5968-13.2%$238,000$214,97510.7%
Glendale3943-9.3%$202,465$190,5006.3%
Hales Corners21205%$200,000$212,600-5.9%
Greendale3142-26.2%$191,400$208,400-8.2%

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