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Tuesday, November 5, 2024

How did home prices perform in Milwaukee during February 2018?

Realestate077

The median sale price of a home sold in February 2018 in Milwaukee rose by $7,125 while total sales increased by 33%, according to BlockShopper.com.

In February 2018, there were 516 homes sold, with a median sale price of $82,450 - a 9.5% increase over the $75,325 median sale price for the same period of the previous year. There were 388 homes sold in Milwaukee in February 2017.

The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 3.6% of the median home sale price for February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Glendale2930-3.3%$198,000$180,3509.8%
Wauwatosa74705.7%$190,000$185,4502.5%
Greendale2022-9.1%$178,050$163,8758.6%
St. Francis1320-35%$170,000$123,30037.9%
South Milwaukee292516%$143,000$130,00010%
Brown Deer261752.9%$136,700$147,500-7.3%
Cudahy32313.2%$136,650$126,8667.7%
West Allis101112-9.8%$130,000$110,25017.9%
West Milwaukee7540%$127,500$130,500-2.3%
Greenfield4551-11.8%$117,000$140,300-16.6%
Milwaukee51638833%$82,450$75,3259.5%

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