Milwaukee - WI housing market
The Milwaukee metro has a typical home value of $394,038, up 5.2% from a year ago. Homes are moving fast at 14 days on market, a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($394,038) is the Zillow Home Value Index for the Milwaukee - WI metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 5.2% over the past year. In Milwaukee - WI, that means a home worth $374,561 last year is now worth roughly $394,038.
The median sale price , what homes actually close for , is $325,450. Homes are selling at 101.8% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Milwaukee - WI sit on the market for roughly 14 days before going pending. Shorter = seller's market; longer = buyer's market.
About 13.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,804 new listings hit the market each month in Milwaukee - WI. There are currently 4,256 homes for sale, up 10.8% from a year ago.
The typical monthly rent in Milwaukee - WI is $1,552, up 4.2% year over year. For investors, the price-to-rent ratio here is roughly 21x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in WI
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Madison - WI | $454,523 | +2.6% | 15.0d |
| Green Bay - WI | $350,524 | +5.5% | 41.0d |
| Appleton - WI | $352,691 | +5.4% | 37.0d |