The Milwaukee housing market is very competitive. Homes in Milwaukee receive 4 offers on average and sell in around 40 days. The median sale price of a home in Milwaukee was $235K last month, up 7.3% since last year. The median sale price per square foot in Milwaukee is $155, up 8.0% since last year.
What is the housing market like in Milwaukee today?
In April 2025, Milwaukee home prices were up 7.3% compared to last year, selling for a median price of $235K. On average, homes in Milwaukee sell after 40 days on the market compared to 39 days last year. There were 443 homes sold in April this year, down from 527 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$234,900
+7.3% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Milwaukee, WI
$234,900
+7.3%
United States
To compare other locations to the Milwaukee and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Milwaukee's median sale price is 46% lower than the national average. Overall cost of living in Milwaukee is 0% higher than the national average. Learn which home features in Milwaukee add value to a home.
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How hot is the Milwaukee housing market?
Milwaukee is very competitive. Homes sell in 41 days.
0
100
71
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 41 days.
Hot homes
can sell for about 4% above list price and go pending in around 25 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Milwaukee
Explore recent offers and recently sold homes in Milwaukee
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$250K Offer
Sold for $275K
5bd | 2ba | ~3,000sqft
Over List Price
0%
Days on Market
32
Competing Offers
—
Down Payment
—
Justin Ryan
Milwaukee Redfin Agent
offered asking price with soft inspection and strong PA. I think we lost on price and not so much terms.
Offer Not Accepted|
11 Weeks Ago
~$250K Offer
Sold for $250K
3bd | 2ba | ~1,000sqft
Over List Price
4%
Days on Market
33
Competing Offers
2
Down Payment
<10%
Justin Ryan
Milwaukee Redfin Agent
came in FHA and seller had worries it would not get to close (house probably would have passed FHA app but seller could not afford it NOT to close)…
More
Offer Not Accepted|
8 Weeks Ago
~$225K Offer
Sold for $250K
2bd | 1ba | ~1,000sqft
Over List Price
5%
Days on Market
34
Competing Offers
5
Down Payment
<10%
Joanne Ketsios
Milwaukee Redfin Agent
View houses in Milwaukee that sold recently
Recently sold homes
SOLD MAY 30, 2025
$216,000 Last Sold Price
3 beds
1.5 baths
1,263 sq ft
2817 S 10th St, Milwaukee, WI 53215
Falk Ruvin Gallagher Team* • Keller Williams Realty-Milwaukee North Shore
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Milwaukee housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Milwaukee.
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Milwaukee has a moderate risk of flooding. 11,524 properties in Milwaukee are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Milwaukee. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Milwaukee has a moderate risk of wildfire. There are 1,117 properties in Milwaukee that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Milwaukee.
7% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Milwaukee has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Milwaukee is most at risk from hurricanes. 10,721 properties in Milwaukee have some risk of being in a severe wind event within the next 30 years.