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Saturday, December 28, 2024

October 2017: Home prices in South Milwaukee increased

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The median sale price of a home sold in October 2017 in South Milwaukee rose by $13,400 while total sales increased by 9.1%, according to BlockShopper.com.

In October 2017, there were 48 homes sold, with a median sale price of $142,450 - a 10.4% increase over the $129,050 median sale price for the same period of the previous year. There were 44 homes sold in South Milwaukee in October 2016.

The median sales tax in South Milwaukee for the most recent year with available data, 2017, was $4,049, approximately 2.8% of the median home sale price for October 2017.

The following table compares South Milwaukee to other Milwaukee County cities with similar median sale prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Wauwatosa1149915.2%$228,750$216,2005.8%
Greendale2829-3.4%$227,150$203,70011.5%
Hales Corners291952.6%$207,000$207,0000%
Oak Creek5761-6.6%$182,200$197,000-7.5%
Glendale37362.8%$174,900$179,800-2.7%
South Milwaukee48449.1%$142,450$129,05010.4%
Greenfield69105-34.3%$140,000$139,9000.1%
St. Francis2734-20.6%$137,500$137,4500%
Brown Deer3450-32%$135,450$148,330.50-8.7%
West Milwaukee8560%$128,100$75,00070.8%
Cudahy64606.7%$125,450$120,0004.5%

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