| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $408,400 | -0.4% YoY |
| Median price per sq ft | $230 | 1,750 sq ft median |
| Median days on market | 33 | +14% YoY |
| Active listings | 3,417 | +10% YoY |
| New listings this month | 1,956 | June 2026 |
| Listings with a price cut | 12% | Share of active |
| Median sale price (closed) | $365,000 | +4.3% YoY |
| Sale-to-list ratio | 101.7% | Closed sales |
| Gross rental yield | 3.9% | 2BR fair market rent |
Secondary metropolitan market · Wisconsin · June 2026 data
Milwaukee Real Estate Market
As of June 2026, the median home listed in Milwaukee, WI asks $408,400 — down 0.4% year over year. Homes sell in a median of 33 days, with 3,417 active listings and 12% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.
Median listing price
$408,400
▼ 0.4% YoY
Median $ / sq ft
$230
1,750 sq ft median
Median days on market
33
June 2026
Active listings
3,417
For sale now
New listings
1,956
June 2026
Listings with price cuts
12%
Share of active
Median sale price (closed)
$365,000
▲ 4.3% YoY · closed sales
Sale-to-list ratio
101.7%
Closed sales
Homes sold / month
1,753
Closed sales
Milwaukee housing market statistics
The table summarizes Milwaukee's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Milwaukee?
Milwaukee home prices are down 0.4% year over year and +3.4% month over month as of June 2026, at a $408,400 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Milwaukee WI · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Milwaukee WI · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Milwaukee?
Milwaukee has 3,417 active listings, 1,956 new this month, 674 pending as of June 2026. About 12% of active listings have cut their price, and inventory sits at 65% of its 2019 level — a seller-leaning market by pace.
Is Milwaukee a good real estate investment?
Milwaukee scores 55/100 on WealthyBud's composite Investor Score, ranking #351 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
55/100
#351 of 932 covered metros
Price volatility
Low
σ 5.1% · 20-yr price-index swings
Milwaukee scores 55/100 on our composite Investor Score (#351 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 55% over five years and +97% over ten, leaving prices 62% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,338/mo for a two-bedroom, the gross rental yield on the median listing is about 3.9%; active inventory sits at 65% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 0.4% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Milwaukee ranks on the trending markets index.
How much is a monthly mortgage payment in Milwaukee?
A home at Milwaukee's $408,400 median listing runs about $2,050 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 5.43%
$1,841/mo
−$209/mo vs today
At today's rate · 6.43%
$2,050/mo
National weekly average
If rates rise 1% · 7.43%
$2,269/mo
+$219/mo vs today
Principal & interest on the $408,400 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
What is driving the Milwaukee housing market?
Longer-run demand in Milwaukee shows up in 3,035 homes permitted in 2025; net migration of -3,741 residents; -0.9% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
3,035
▼ 22.8% vs 2024
1.9 per 1,000 residents
Net migration (2022–2023)
-3,741
▼ people, via tax-return records
net income flow −$380.7M/yr
Job growth (YoY)
-0.9%
▼ 856.2k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Cold wave
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Milwaukee real estate news?
Cities With the Fastest-growing Home Prices in WisconsinStacker · 2026-06-29→Real Estate Market Trends in Milwaukee, WI: Prices FallRealtor.com · 2026-05-02→Michigan and Wisconsin beat the coasts for the hottest housing markets, Redfin findsFortune · 2026-05-07→Homes in Wisconsin’s largest metros among least affordable in Midwest, analysis findsWPR · 2026-05-29→
Milwaukee's housing market shows conflicting signals of rapid price growth, falling prices, and affordability challenges. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Milwaukee by ZIP code
Median price, pace and inventory for 29 Milwaukee ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Milwaukee
The highest-producing real estate agents in Milwaukee, ranked by recent sales.
View DirectoryTop teams
The groups setting production records nationwide.
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Hours, exam and the commission that regulates Wisconsin agents.
Read IncomeAgent salary in Wisconsin
What real estate agents actually earn across Wisconsin.
ReadMilwaukee housing market FAQ
What is the median home price in Milwaukee?
As of June 2026, the median listing price in Milwaukee, WI is $408,400, down 0.4% year over year (source: public records and industry data).
How much does it cost to buy a home in Milwaukee?
The median home listed in Milwaukee asks $408,400 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,050 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Milwaukee?
The median property in Milwaukee spends 33 days on the market, with 3,417 homes actively listed and 12% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Milwaukee?
With a median 33 days on market and 12% of active listings carrying a price cut, Milwaukee reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Milwaukee a good place to invest in real estate?
Milwaukee scores 55/100 on WealthyBud's Investor Score, ranking #351 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Milwaukee?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Milwaukee and the wider Wisconsin market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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