Milwaukee - WI housing market
The Milwaukee metro has a typical home value of $384,264, up 5.3% from a year ago. Homes are moving fast at 17 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($384,264) 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 5.3% over the past year. In Milwaukee - WI, that means a home worth $364,923 last year is now worth roughly $384,264.
The median sale price , what homes actually close for , is $331,127. Homes are selling at 100.2% 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 14.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,403 new listings hit the market each month in Milwaukee - WI. There are currently 3,379 homes for sale, up 13.4% from a year ago.
The typical monthly rent in Milwaukee - WI is $1,540, up 3.8% 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 | $447,571 | +2.9% | 10.0d |
| Green Bay - WI | $342,349 | +6.0% | 44.0d |
| Appleton - WI | $346,439 | +6.8% | 58.0d |