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Milwaukee South News

Thursday, November 7, 2024

April: South Milwaukee experienced a 3.9% drop in median home prices

Re 10

The median sale price of a home sold in April in South Milwaukee fell by $7,300 while total sales decreased by 7.7 percent, according to BlockShopper.com.

In April, there were 36 homes sold, with a median sale price of $179,700 - a 3.9 percent decrease from the $187,000 median sale price for the same period of the previous year. There were 39 homes sold in South Milwaukee in April 2021.

The median sales tax in South Milwaukee for the most recent year with available data, 2017, was $4,049, approximately 2.3 percent of the median home sale price for April.

The following table compares South Milwaukee to other Milwaukee County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Greendale363212.5$270,000$225,70019.6
Oak Creek4852-7.7$262,100$242,9507.9
St. Francis1828-35.7$242,000$187,00029.4
Glendale453625$240,200$205,00017.2
Greenfield725824.1$199,550$199,5000
Cudahy3457-40.4$195,000$175,00011.4
South Milwaukee3639-7.7$179,700$187,000-3.9
West Allis142163-12.9$175,400$160,0009.6
West Milwaukee38-62.5$175,000$160,0009.4
Brown Deer432295.5$150,000$147,5001.7
Milwaukee1,3101,2326.3$135,000$141,537-4.6

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