RealTrends Market Report

Milwaukee, WI

Single-Family Homes

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Milwaukee, WI

Wed Aug 27 2025
This week the median list price for Milwaukee, WI is $229,900 with the market action index hovering around 53. This is less than last month's market action index of 57. Inventory has increased to 430. Click here to stay informed with the Milwaukee market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Milwaukee, WI

Wed Aug 27 2025
This week the median list price for Milwaukee, WI is $229,900 with the market action index hovering around 53. This is less than last month's market action index of 57. Inventory has increased to 430. Click here to stay informed with the Milwaukee market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Milwaukee market.
Median List Price $229,900
Median Price of New Listings $267,450
Per Square Foot $162
Average Days on Market 72
Median Days on Market 28
Price Decreased 34%
Price Increased 1%
Relisted 12%
Inventory 430
Median Rent
Market Action 53
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$388,900 1,975 4,500 - 6,500 sqft 4 2 75 25 21 24
$259,900 1,464 4,500 - 6,500 sqft 3 1.5 76 17 19 28
$189,900 1,245 4,500 - 6,500 sqft 3 1.5 95 17 20 31
$110,000 1,130 4,500 - 6,500 sqft 3 1 102 7 11 49