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Tuesday, November 5, 2024

Falling home prices in West Milwaukee in May 2018

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The median sale price of a home sold in May 2018 in West Milwaukee fell by $1,500 while total sales increased by 40%, according to BlockShopper.com.

In May 2018, there were seven homes sold, with a median sale price of $135,000 - a 1.1% decrease over the $136,500 median sale price for the same period of the previous year. There were five homes sold in West Milwaukee in May 2017.

The median sales tax in West Milwaukee for the most recent year with available data, 2017, was $3,766, approximately 2.8% of the median home sale price for May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Oak Creek5266-21.2%$217,050$216,0000.5%
Hales Corners19185.6%$202,000$212,950-5.1%
Glendale48472.1%$183,950$179,9002.3%
Greenfield8794-7.4%$157,800$155,4001.5%
St. Francis302615.4%$142,350$138,0003.2%
South Milwaukee4344-2.3%$140,000$129,0008.5%
Brown Deer382835.7%$136,000$151,350-10.1%
West Milwaukee7540%$135,000$136,500-1.1%
West Allis148170-12.9%$135,000$134,4500.4%
Cudahy39390%$131,500$140,000-6.1%
Milwaukee1,02553193%$102,000$104,400-2.3%

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