RealTrends Market Report

Milwaukee, WI

Single-Family Homes

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Milwaukee, WI

Sun Sep 20 2026
This week the median list price for Milwaukee, WI is $239,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 584. 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.

Slight Seller's Advantage

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

Sun Sep 20 2026
This week the median list price for Milwaukee, WI is $239,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 584. 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.

Slight Seller's Advantage

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 $239,000
Median Price of New Listings $276,450
Per Square Foot $165
Average Days on Market 69
Median Days on Market 42
Price Decreased 40%
Price Increased 1%
Relisted 15%
Inventory 584
Median Rent
Market Action 44
Slight Seller's Advantage

Prices hit another all time high this week. Given current conditions, prices continue to march higher. 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
$369,900 1,781 4,500 - 6,500 sqft 3 2 77 28 16 35
$274,900 1,339 4,500 - 6,500 sqft 3 1.5 76 39 19 21
$199,950 1,410 4,500 - 6,500 sqft 3 1.5 92 16 20 49
$119,900 1,245 4,500 - 6,500 sqft 3 1 103 13 9 84