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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 (July to September 2016)

 
  Lowest Third Middle Third Highest Third
  Sales Price Monthly Payment Sales Price Monthly Payment Sales Price Monthly Payment
Brookfield $193,000 $934 $275,000 $1,321 $418,200 $2,032
Brown Deer $73,450 $461 $144,000 $829 $199,900 $1,163
Cedarburg $221,500 $1,054 $290,100 $1,380 $455,000 $2,156
Cudahy $80,000 $508 $122,950 $740 $167,500 $964
Franklin $135,000 $717 $230,000 $1,236 $341,000 $1,838
Germantown $166,450 $788 $286,500 $1,358 $365,000 $1,772
Glendale $110,000 $678 $185,000 $1,066 $270,000 $1,514
Grafton $156,000 $783 $219,000 $1,094 $360,750 $1,767
Greenfield $88,888 $530 $152,000 $858 $223,500 $1,217
Hartford $123,000 $610 $171,500 $836 $249,700 $1,213
Menomonee Falls $179,750 $876 $245,000 $1,179 $390,000 $1,834
Mequon $275,000 $1,279 $400,000 $1,892 $668,000 $3,146
Milwaukee East $142,500 $798 $229,000 $1,305 $484,000 $2,737
Milwaukee NW $43,144 $286 $96,000 $564 $146,250 $824
Milwaukee SE $71,101 $436 $127,000 $741 $190,000 $1,077
Milwaukee SW $97,000 $582 $131,400 $753 $176,000 $1,000
Milwaukee WC $11,500 $126 $57,100 $359 $177,500 $1,019
Milwaukee West $35,000 $278 $98,500 $589 $148,500 $853
Mukwonago $194,600 $879 $267,000 $1,227 $379,900 $1,756
Muskego $172,500 $753 $287,500 $1,332 $464,624 $2,167
New Berlin $175,000 $840 $263,000 $1,261 $356,300 $1,716
Oak Creek $139,051 $725 $220,000 $1,159 $299,950 $1,597
Oconomowoc $187,000 $860 $296,000 $1,372 $438,000 $2,080
Pewaukee $167,500 $761 $284,950 $1,309 $464,500 $2,154
Port Washington $139,000 $697 $189,600 $928 $297,500 $1,417
Shorewood $256,000 $1,427 $320,000 $1,791 $535,000 $3,090
South Milwaukee $97,500 $590 $137,000 $783 $183,000 $1,057
Waukesha $147,550 $736 $211,500 $1,039 $303,950 $1,511
Wauwatosa $156,000 $858 $225,000 $1,183 $316,000 $1,642
West Allis $85,500 $541 $126,500 $737 $164,700 $928
West Bend $121,000 $613 $178,950 $893 $274,990 $1,352
Whitefish Bay $263,800 $1,386 $355,000 $1,912 $602,500 $3,147

Source: MLS home sales data, municipal property tax data, prevailing interest rate data
Note:  Figures shown are for the median-price home sold between July 1 and September 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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