South Milwaukee, WI, Real Estate
South Milwaukee is a city situated just south of Milwaukee with an estimated population of 20,801 according to the 2018 census. In 1891 South Milwaukee was established for serving as a rival industrial suburb that had a rich immigrant history from England and Germany.
South Milwaukee currently has 53 single family homes for sale with an average list price of $238,536, 1 townhouse for sale with a list price of $359,900, 4 condos for sale with an average list price of $192,425, and 3 lots for sale with an average list price of $46,600. The average annual property tax for South Milwaukee is $3,395.
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in South Milwaukee, i.e. what's hot and what's not.
See What's Hot & What's Not in South Milwaukee
Market Trends
South Milwaukee home sales for the month of August rose in volume by 17.4% when compared to last year, while the median sale price rose by 19.5% from $185,000 to $221,000. House sales rose by 13.6%, while the median sale price rose by 19.9% from $187,500 to $224,900. Condo sales rose by 100%, while the median sale price rose by 33.4% from $155,000 to $206,750.
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214
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218
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196
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227
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| 2017 | 2018 | 2019 | 2020 |
| # of sales per year | |||
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$153,100
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$164,950
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$163,400
|
$195,000
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| 2017 | 2018 | 2019 | 2020 |
| median sale price per year | |||
Median Sale Price for South Milwaukee
Number of Sales for South Milwaukee
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