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Tuesday, November 5, 2024

What happened to the median home price in Oak Creek during April 2018?

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Adobe Stock

Adobe Stock

The median sale price of a home sold in April 2018 in Oak Creek rose by $40,550 while total sales increased by 9.6%, according to BlockShopper.com.

In April 2018, there were 57 homes sold, with a median sale price of $224,000 - a 22.1% increase over the $183,450 median sale price for the same period of the previous year. There were 52 homes sold in Oak Creek in April 2017.

The median sales tax in Oak Creek for the most recent year with available data, 2017, was $4,857, approximately 2.2% of the median home sale price for April 2018.

The following table compares Oak Creek 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)
Whitefish Bay433522.9%$389,000$408,800-4.8%
Fox Point1625-36%$293,950$260,80012.7%
Hales Corners817-52.9%$256,500$236,7008.4%
Bayside151315.4%$252,000$275,000-8.4%
Wauwatosa11810710.3%$231,900$215,7507.5%
Oak Creek57529.6%$224,000$183,45022.1%
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%

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