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Milwaukee South News

Thursday, November 7, 2024

Rising home valuation prices in Milwaukee County in July 2023 compared to July 2022

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Adobe Stock

In July 2023, the median sale price of a home in Milwaukee County rose by $5,694 from the same period in the previous year, while total sales decreased by 19.5%, according to BlockShopper.com.

Data shows that there were 1,692 homes sold in July 2023, with a median sale price of $205,694 - a 2.8% increase over the $200,000 median sale price for the same period of the previous year. There were 2,102 homes sold in Milwaukee County in July 2022.

For context, the median sales tax in Milwaukee County, based on the latest available data from 2018, was $2,981, which stands at 1.4% of July 2023's median home sale price.

The following histogram displays changes in median sales prices in Milwaukee County from July 2022 to July 2023.

July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023$200,000$200,000$195,000$195,000$200,000$200,000$187,450$187,450$187,800$187,800$180,000$180,000$170,000$170,000$170,500$170,500$178,707$178,707$191,100$191,100$196,400$196,400$217,000$217,000$205,694$205,694

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