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Sunday, September 14, 2025

What happened to the median home price in Milwaukee during the second half of 2021?

Webp re 12

The median sale price of a home sold in the second half of 2021 in Milwaukee rose by $12,500 while total sales increased by 14.7%, according to BlockShopper.com.

From July through December of 2021, there were 8,165 homes sold, with a median sale price of $147,500 - a 9.3% increase over the $135,000 median sale price for the same period of the previous year. There were 7,119 homes sold in Milwaukee in the second half of 2020.

The median sales tax in Milwaukee for the most recent year with available data, 2018, was $2,981, approximately 2% of the median home sale price for the second half of 2021.

The following table compares Milwaukee to other Milwaukee County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Oak Creek3823751.9%$265,000$243,6008.8%
Hales Corners92106-13.2%$262,500$248,0005.8%
Glendale27024510.2%$230,400$220,0004.7%
Greenfield5655561.6%$207,000$187,75010.3%
St. Francis1591590%$199,900$170,00017.6%
Brown Deer23119816.7%$198,000$150,50031.6%
South Milwaukee35326732.2%$188,000$179,0005%
Cudahy3363205%$185,000$165,00012.1%
West Allis1,0429569%$176,450$162,0008.9%
West Milwaukee4651-9.8%$173,000$146,00018.5%
Milwaukee8,1657,11914.7%$147,500$135,0009.3%

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