Milwaukee, WI metro area Housing Market
Warm MarketComprehensive housing market data for the Milwaukee, WI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$350K
↑ 8.0% YoY
Days on Market
41 days
↓ 2.4% YoY
Active Inventory
3,138
↑ 8.4% YoY
Homes Sold
1,315
↑ 9.4% YoY
Warm Market
The market is active with moderate buyer demand.
Milwaukee, WI metro area Market Summary
The Milwaukee, WI metro area housing market is heating up. As of March 2026, the median home sale price is $350K, up 8.0% year-over-year. Homes are spending a median of 41 days on the market, 2.4% shorter than a year ago.
There are 3,138 homes for sale — 8.4% more than last year. With 2.4 months of supply, this is a seller's market. 1,795 new listings were added during this period, up 8.9% year-over-year.
Homes are selling for 101.0% of their list price on average, indicating buyers are paying above asking. 49.3% of homes sell above their asking price. 15.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
57
Contributing Factors
How This Market Compares
vs. National Median
vs. Wisconsin Median
Investor Takeaway
Prices are 20% below the national median, which could indicate stronger cash flow potential.
Milwaukee, WI metro area Market Trends
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Detailed Market Metrics
Median List Price
$349K
Price per Sq Ft
$212
Sale-to-List Ratio
101.0%
Months of Supply
2.4
Sold Above List
49.3%
Price Drops
15.1%
New Listings
1,795
↑ 8.9% YoY
Pending Sales
1,859
Off Market in 2 Weeks
57.3%
Other Markets in Wisconsin
Madison, WI metro area
$452K · 53d on market
Green Bay, WI metro area
$360K · 53d on market
Appleton, WI metro area
$311K · 54d on market
Racine, WI metro area
$305K · 41d on market
Janesville, WI metro area
$277K · 51d on market
Oshkosh, WI metro area
$280K · 59d on market
Wausau, WI metro area
$298K · 61d on market
Eau Claire, WI metro area
$295K · 61d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.