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Milwaukee South News

Thursday, November 7, 2024

Milwaukee County home prices rose in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Milwaukee County rose by $13,300 while total sales decreased by 21.8%.

From July through December of 2022, there were 10,895 homes sold, with a median sale price of $194,300 - a 7.3% increase over the $181,000 median sale price for the same period of the previous year. There were 13,937 homes sold in Milwaukee County in the second half of 2021.

The median sales tax in Milwaukee County for the most recent year with available data, 2018, was $2,981 approximately 1.5% of the median home sale price for the second half of 2022.

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

July - Dec. 2021Jan. - June 2022July - Dec. 2022$181000$181000$181150$181150$194300$194300

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