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North Shore Bank/GMAR Home Affordability Report  

North Shore Bank/GMAR Home Affordability Report

Median Sale Price and Monthly Payment for Homes Sold (October to December 2016)

 
  Lowest Third Middle Third Highest Third
  Sales Price Monthly Payment Sales Price Monthly Payment Sales Price Monthly Payment
Brookfield $202,500 $1,034 $261,500 $1,326 $405,000 $2,058
Brown Deer $64,900 $390 $125,000 $772 $180,000 $1,122
Cedarburg $194,500 $987 $285,000 $1,451 $467,500 $2,331
Cudahy $79,900 $538 $122,000 $756 $161,700 $958
Franklin $125,000 $694 $215,000 $1,175 $325,000 $1,745
Germantown $138,450 $693 $255,000 $1,274 $385,000 $1,881
Glendale $132,203 $811 $205,000 $1,231 $275,000 $1,637
Grafton $151,248 $794 $222,250 $1,160 $359,900 $1,840
Greenfield $88,994 $502 $152,550 $867 $212,500 $1,201
Hartford $136,500 $679 $189,900 $927 $268,900 $1,330
Menomonee Falls
$168,500 $853 $220,000 $1,125 $394,000 $1,959
Mequon $230,000 $1,127 $375,000 $1,840 $547,500 $2,772
Milwaukee East $164,000 $960 $250,500 $1,508 $572,500 $3,322
Milwaukee NW $45,000 $299 $90,000 $560 $145,000 $864
Milwaukee SE $70,000 $462 $123,500 $760 $201,500 $1,152
Milwaukee SW $98,750 $610 $134,500 $794 $163,000 $972
Milwaukee WC $8,000 $102 $37,000 $276 $172,500 $1,053
Milwaukee West
$31,250 $251 $79,950 $519 $139,000 $836
Mukwonago $187,000 $908 $233,500 $1,151 $319,000 $1,539
Muskego $160,000 $771 $260,500 $1,270 $401,350 $1,982
New Berlin $175,000 $897 $240,000 $1,221 $325,100 $1,656
Oak Creek $156,000 $890 $249,450 $1,357 $340,400 $1,862
Oconomowoc $195,000 $917 $329,000 $1,585 $468,750 $2,336
Pewaukee $154,000 $741 $250,250 $1,209 $432,700 $2,120
Port Washington
$147,500 $563 $235,000 $1,113 $388,900 $1,819
Shorewood $249,000 $1,395 $309,200 $1,795 $479,750 $2,611
South Milwaukee
$79,250 $530 $129,750 $783 $169,500 $1,011
Waukesha $139,950 $741 $215,000 $1,092 $317,500 $1,642
Wauwatosa $150,000 $847 $205,000 $1,133 $275,000 $1,518
West Allis $80,220 $552 $125,000 $770 $162,613 $969
West Bend $116,250 $601 $170,000 $892 $251,250 $1,284
Whitefish Bay $233,600 $1,310 $312,000 $1,712 $634,018 $3,384

Source: MLS home sales data, municipal property tax data, prevailing interest rate data
Note:  Figures shown are for the median-price home sold between October 1 and December 30, 2016 among the lowest, middle and highest-priced homes in each community; monthly payment includes principal repayment, interest and property taxes. Source: MLS home sales data, municipal property tax data, prevailing interest rate data.
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