Milwaukee - WI housing market

The typical home value ($393,208) 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 $373,772 last year is now worth roughly $393,208.

The median sale price, what homes actually close for, is $325,339. Homes are selling at 101.9% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Milwaukee - WI sit on the market for roughly 17 days before going pending. Shorter = seller's market; longer = buyer's market.

About 15.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,808 new listings hit the market each month in Milwaukee - WI. There are currently 4,467 homes for sale, up 8.7% from a year ago.

The typical monthly rent in Milwaukee - WI is $1,545, up 4.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 21.2x, renting territory (#38 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,021 a month in principal and interest, $476 more than renting before taxes, insurance and upkeep. The two break even at a 4.24% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →