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Friday, December 27, 2024

October 2017: Oak Creek experienced a 7.5% drop in median home prices

Realestate5

The median sale price of a home sold in October 2017 in Oak Creek fell by $14,800 while total sales decreased by 6.6%, according to BlockShopper.com.

In October 2017, there were 57 homes sold, with a median sale price of $182,200 - a 7.5% decrease over the $197,000 median sale price for the same period of the previous year. There were 61 homes sold in Oak Creek in October 2016.

The median sales tax in Oak Creek for the most recent year with available data, 2017, was $4,857, approximately 2.7% of the median home sale price for October 2017.

The following table compares Oak Creek 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)
Bayside813-38.5%$276,600$262,5005.4%
Franklin857316.4%$229,700$187,70022.4%
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%

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