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Tuesday, November 5, 2024

Pricing for the median home in Milwaukee increased during April 2018

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The median sale price of a home sold in April 2018 in Milwaukee rose by $10,000 while total sales increased by 74.2%, according to BlockShopper.com.

In April 2018, there were 871 homes sold, with a median sale price of $103,750 - a 10.7% increase over the $93,750 median sale price for the same period of the previous year. There were 500 homes sold in Milwaukee in April 2017.

The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 2.9% of the median home sale price for April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Greendale2932-9.4%$220,000$204,9507.3%
Glendale34333%$208,000$179,00016.2%
Franklin736414.1%$206,200$212,500-3%
Brown Deer32313.2%$150,000$125,00020%
Greenfield726118%$150,000$155,000-3.2%
South Milwaukee493636.1%$143,500$149,000-3.7%
West Allis137151-9.3%$140,000$130,0007.7%
Cudahy453240.6%$134,000$117,70013.8%
St. Francis1725-32%$127,200$149,700-15%
West Milwaukee312-75%$112,000$80,50039.1%
Milwaukee87150074.2%$103,750$93,75010.7%

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