Milwaukee, WI Housing Market & Real Estate

Balanced market+1.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Milwaukee, WI is $218,750, up 1.7% year-over-year. Homes sell in an average of 54 days with 1,141 active listings. The market is currently a balanced market.

$218,750median sale price

Is Milwaukee a buyer's or seller's market?

Balanced market3.4 months of supply54 avg. days on market

Milwaukee, WI is currently a balanced market, based on 3.4 months of supply and homes selling in about 54 days. How we determine this →

Homes sold

336

Last 12 weeks

Days on market

54

Average pace

Active listings

1,141

3.4 months supply

Sale-to-list

98.9%

Below asking

Milwaukee, WI market data

Current housing market statistics for Milwaukee, WI
MetricValue
Median sale price$218,750
Median list price$215,000
Year-over-year price change+1.7%
Average days on market54 days
Active inventory1,141 listings
Months of supply3.4 months
Sale-to-list price ratio98.9%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Milwaukee housing market is currently classified as a balanced market with a median sale price of $218,750. Prices have risen 1.7% compared to last year, with homes spending an average of 54 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Milwaukee

There are currently 1,141 homes listed for sale in Milwaukee, Wisconsin. The median listing price is $215K. Featured listings range from $149,000 to $460,000.

3 bedroom house for sale at 8243 W Grantosa Dr Milwaukee - $149,000
$149,000

8243 W Grantosa Dr

Milwaukee, WI

3 bd1 ba874 sqft
House6,098 sqft lot
More about this property
4 bedroom house for sale at 2947 N 60th St Milwaukee - $154,900
$154,900

2947 N 60th St

Milwaukee, WI

4 bd1 ba1,088 sqft
House4,792 sqft lot
More about this property
2 bedroom house for sale at 2531 N Buffum St Milwaukee - $160,000
$160,000

2531 N Buffum St

Milwaukee, WI

2 bd1 ba934 sqft
House6,098 sqft lot
More about this property
3 bedroom house for sale at 6458 N Landers St Milwaukee - $245,000
$245,000

6458 N Landers St

Milwaukee, WI

3 bd2 ba1,179 sqft
House7,405 sqft lot
More about this property
6 bedroom multi-family for sale at 10817 W Appleton Ave Unit 10819 Milwaukee - $249,900
$249,900

10817 W Appleton Ave Unit 10819

Milwaukee, WI

6 bd4 ba2,451 sqft
Multi-family8,276 sqft lot
More about this property
3 bedroom house for sale at 6463 N 55th St Milwaukee - $249,900
$249,900

6463 N 55th St

Milwaukee, WI

3 bd1 ba910 sqft
House6,098 sqft lot
More about this property
4 bedroom house for sale at 5940 N 72nd St Milwaukee - $249,999
$249,999

5940 N 72nd St

Milwaukee, WI

4 bd3 ba2,300 sqft
House10,454 sqft lot
More about this property
3 bedroom house for sale at 5879 N 29th St Milwaukee - $254,900
$254,900

5879 N 29th St

Milwaukee, WI

3 bd2 ba1,670 sqft
House6,098 sqft lot
More about this property
$285,000

3003 S 15th St

Milwaukee, WI

6 bd2 ba1,000 sqft
Multi-family5,227 sqft lot
More about this property
3 bedroom house for sale at 3386 S 78th St Milwaukee - $300,000
$300,000

3386 S 78th St

Milwaukee, WI

3 bd2 ba1,643 sqft
House7,405 sqft lot
More about this property
6 bedroom multi-family for sale at 3061 N Pierce St Milwaukee - $394,900
$394,900

3061 N Pierce St

Milwaukee, WI

6 bd2 ba2,440 sqft
Multi-family3,485 sqft lot
More about this property
4 bedroom house for sale at 483 E Morgan Ave Milwaukee - $460,000
$460,000

483 E Morgan Ave

Milwaukee, WI

4 bd2 ba1,985 sqft
House4,792 sqft lot
More about this property

Looking to buy in Milwaukee?

Get connected with a local real estate expert — free, no obligation.

Active listings

1,141

Homes on market

Median list price

$215K

Avg. days on market

54

Days until sale

New this week

574

Newly listed

Price drops:18.3%of listings
Sale-to-list:98.9%

Top public schools in Milwaukee

50 schools tracked · 40,057 students

The largest public schools serving Milwaukee, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

HAPA-Hmong American Peace Academy K3-12

Grades PK-12 · 1,894 students

Charter

Hamilton High

Grades 9-12 · 1,485 students

Public

Bruce Guadalupe

Grades PK-8 · 1,410 students

Charter

Milwaukee Academy of Science

Grades PK-12 · 1,404 students

Charter

Reagan College Preparatory High

Grades 9-12 · 1,349 students

Public

King International

Grades 9-12 · 1,339 students

Public

Obama School of Career and Technical Education

Grades PK-12 · 1,226 students

Public

Golda Meir School

Grades 3-12 · 1,211 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in WI

Frequently asked questions

What is the average home price in Milwaukee?

The median home sale price in Milwaukee is $218,750, up 1.7% from last year.

How long do homes stay on market in Milwaukee?

Homes typically spend 54 days on market before going under contract.

Is Milwaukee a buyer's or seller's market?

With 3.4 months of supply, Milwaukee is currently a balanced market.

How many homes are for sale in Milwaukee?

There are currently 1141 homes listed for sale in Milwaukee, WI.

Be the brokerage on this page

1 slot per page

Get featured on Milwaukee, WI

Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.

  • Goes live in 24 hours
  • Cancel anytime
  • Do-follow backlink to your site

$100

per month

Claim this spot

Get Milwaukee market alerts

Weekly updates on prices, inventory, and trends. Free forever.