Chicago - IL vs Milwaukee - WI: 2026 Housing Comparison

Side-by-side housing data for Chicago - IL, IL and Milwaukee - WI, WI - typical home value, year-over-year change, median list price, days on market, and share of listings with a price cut. Refreshed from Zillow Research public CSVs.

Metric
Chicago - IL
Milwaukee - WI
Typical home value (ZHVI)
$349,901
$384,264
Year-over-year change
+4.3%
+5.3%
Median list price
$348,300
$334,967
Days on market (median)
9 days
17 days
% of listings with price cut
19.8%
14.0%

What this means for buyers

Milwaukee - WI is roughly 10% more expensive than Chicago - IL in typical home value. Homes sit on market longer in Milwaukee - WI (17 days vs 9), suggesting more buyer leverage there. Chicago - IL sees more listings with price cuts (19.8% vs 14.0%), a sign of softening seller expectations.

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