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Saturday, December 28, 2024

Mequon median home prices fell by 10.8% in August 2018

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The median sale price of a home sold in August 2018 in Mequon fell by $45,000 while total sales decreased by 31.4%, according to BlockShopper.com.

In August 2018, there were 59 homes sold, with a median sale price of $370,000 - a 10.8% decrease over the $415,000 median sale price for the same period of the previous year. There were 86 homes sold in Mequon in August 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 1.3%.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Mequon5986-31.4%$370,000$415,000-10.8%
Thiensville1116-31.3%$255,000$227,50012.1%
Port Washington1516-6.3%$233,000$231,5000.6%
Grafton39375.4%$213,100$235,000-9.3%
Saukville710-30%$195,500$189,4003.2%
Belgium7475%$176,000$179,500-1.9%
Fredonia46-33.3%$131,750$227,500-42.1%

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