Phoenix - AZ vs Milwaukee - WI: 2026 Housing Comparison

Side-by-side housing data for Phoenix - AZ, AZ 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
Phoenix - AZ
Milwaukee - WI
Typical home value (ZHVI)
$448,160
$379,291
Year-over-year change
-2.0%
+5.2%
Median list price
$489,967
$324,983
Days on market (median)
32 days
23 days
% of listings with price cut
32.9%
14.7%

What this means for buyers

Phoenix - AZ is roughly 18% more expensive than Milwaukee - WI in typical home value. Homes sit on market longer in Phoenix - AZ (32 days vs 23), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (32.9% vs 14.7%), a sign of softening seller expectations.

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