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Evergreen Reporter

Thursday, November 14, 2024

Milton home prices rise in 2019

Re 6

The median sale price of a home sold in 2019 in Milton rose by $100,000 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

From January through December of 2019, there were eight homes sold, with a median sale price of $437,500 - a 29.6% increase over the $337,500 median sale price for the previous year. There were eight homes sold in Milton in 2018, as well.

The median sales tax in Milton for the most recent year with available data, 2016, was $3,006, approximately 0.7% of the median home sale price for 2019.

The following table compares Milton to other King County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Renton3703389.5%$485,000$490,500-1.1%
Renton (unincorporated)795836.2%$474,000$493,750-4%
Maple Valley289304-4.9%$465,000$459,2001.3%
Carnation201266.7%$447,475$552,250-19%
Kent (unincorporated)25821619.4%$445,250$430,0003.5%
Milton880%$437,500$337,50029.6%
Seattle (unincorporated)20618511.4%$430,250$409,0005.2%
Kent3833635.5%$420,000$400,0005%
Black Diamond4246-8.7%$420,000$386,0008.8%
White Center (unincorporated)6986-19.8%$415,000$410,9001%
Covington1921863.2%$413,250$363,753.5013.6%

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