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Milwaukee South News

Thursday, November 7, 2024

Milwaukee County home prices rose in 2022

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The median sale price of a home sold in 2022 in Milwaukee County rose by $12,806 while total sales decreased by 11.8%.

From January through December of 2022, there were 22,789 homes sold, with a median sale price of $188,000 - a 7.3% increase over the $175,194 median sale price for the same period of the previous year. There were 25,824 homes sold in Milwaukee County in 2021.

The median sales tax in Milwaukee County for the most recent year with available data, 2018, was $2,981 approximately 1.6% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Milwaukee County from January 2021 to December 2022.

20212022$175194$175194$188000$188000

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