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Tuesday, November 5, 2024

Median home prices in Milwaukee rose to $110,000 in June 2018

Realestate2

The median sale price of a home sold in June 2018 in Milwaukee rose by $10,000 while total sales increased by 76.7%, according to BlockShopper.com.

In June 2018, there were 1,018 homes sold, with a median sale price of $110,000 - a 10% increase over the $100,000 median sale price for the same period of the previous year. There were 576 homes sold in Milwaukee in June 2017.

The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 2.7% of the median home sale price for June 2018.

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

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Greendale483441.2%$211,750$215,075-1.5%
Oak Creek4992-46.7%$204,500$216,450-5.5%
Glendale4457-22.8%$183,950$184,900-0.5%
Brown Deer3545-22.2%$169,000$155,0009%
Greenfield104977.2%$166,000$162,9001.9%
South Milwaukee46444.5%$157,500$162,850-3.3%
St. Francis34340%$151,500$146,6253.3%
West Allis159176-9.7%$144,500$130,80010.5%
Cudahy4073-45.2%$127,150$130,000-2.2%
Milwaukee1,01857676.7%$110,000$100,00010%
West Milwaukee47-42.9%$94,750$116,000-18.3%

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