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Tuesday, November 5, 2024

October 2018: Mequon experienced a 20.3% drop in median home prices

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The median sale price of a home sold in October 2018 in Mequon fell by $80,000 while total sales decreased by 46.8%, according to BlockShopper.com.

In October 2018, there were 41 homes sold, with a median sale price of $315,000 - a 20.3% decrease over the $395,000 median sale price for the same period of the previous year. There were 77 homes sold in Mequon in October 2017.

The median sales tax in Mequon for 2018 was $4,846. In 2017, the median sales tax was $4,854. This marks an decrease of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Mequon to other Ozaukee County cities in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Mequon4177-46.8%$315,000$395,000-20.3%
Saukville78-12.5%$238,600$168,70041.4%
Fredonia35-40%$228,100$226,4500.7%
Grafton3036-16.7%$203,450$187,8008.3%
Port Washington1219-36.8%$186,800$232,000-19.5%
Belgium9580%$162,800$167,200-2.6%
Thiensville79-22.2%$156,500$245,000-36.1%

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