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Monday, November 25, 2024

Home prices increased in Mequon during May 2020

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The median sale price of a home sold in May 2020 in Mequon rose by $14,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In May 2020, there were 45 homes sold, with a median sale price of $400,000 - a 3.6% increase over the $386,000 median sale price for the same period of the previous year. There were 63 homes sold in Mequon in May 2019.

The median sales tax in Mequon for the most recent year with available data, 2018, was $4,846, approximately 1.2% of the median home sale price for May 2020.

The following table compares Mequon to other Ozaukee County cities in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Mequon4563-28.6%$400,000$386,0003.6%
Grafton262218.2%$273,750$267,0002.5%
Port Washington313-76.9%$255,600$220,00016.2%
Belgium11837.5%$195,000$184,9005.5%
Fredonia31200%$170,000$217,700-21.9%
Thiensville8633.3%$167,450$178,450-6.2%
Saukville63100%$160,000$190,000-15.8%

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