What happened to the median home price in Fox Point during April?

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The median sale price of a home sold in April in Fox Point fell by $80,000 while total sales increased by 60 percent, according to BlockShopper.com.

In April, there were 16 homes sold, with a median sale price of $425,000 - a 15.8 percent decrease from the $505,000 median sale price for the same period of the previous year. There were 10 homes sold in Fox Point in April 2021.

The median sales tax in Fox Point for the most recent year with available data, 2017, was $8,045, approximately 1.9 percent of the median home sale price for April.

The following table compares Fox Point to other Milwaukee County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Whitefish Bay393511.4$480,000$405,00018.5
Fox Point161060$425,000$505,000-15.8
River Hills913-30.8$411,750$705,000-41.6
Hales Corners1317-23.5$370,200$270,50036.9
Oak Creek4852-7.7$262,100$242,9507.9
St. Francis1828-35.7$242,000$187,00029.4

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