The Downtown Milwaukee housing market is somewhat competitive. The median sale price of a home in Downtown Milwaukee was $309K last month, down 7.8% since last year. The median sale price per square foot in Downtown Milwaukee is $378, up 35.5% since last year.
What is the housing market like in Downtown Milwaukee today?
In January 2025, Downtown Milwaukee home prices were down 7.8% compared to last year, selling for a median price of $309K. On average, homes in Downtown Milwaukee sell after 63 days on the market compared to 45 days last year. There were 24 homes sold in January this year, down from 31 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$309,000
-7.8% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown Milwaukee, WI
$309,000
-7.8%
United States
To compare other locations to the Downtown Milwaukee and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Milwaukee add value to a home.
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How hot is the Downtown Milwaukee housing market?
Downtown Milwaukee is somewhat competitive. Homes sell in 85 days.
0
100
39
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 85 days.
Hot homes
can sell for around list price and go pending in around 52 days.
Learn about schools in the Downtown Milwaukee area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Downtown Milwaukee housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Milwaukee.
Flood Factor - Moderate
45% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Milwaukee has a moderate risk of flooding. 298 properties in Downtown Milwaukee are likely to be
severely affected
by flooding over the next 30 years. This represents 45% of all properties in Downtown Milwaukee. Flood risk is increasing slower than the national average.
Downtown Milwaukee has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Milwaukee has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Milwaukee is most at risk from hurricanes. properties in Downtown Milwaukee have some risk of being in a severe wind event within the next 30 years.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Downtown Milwaukee has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Milwaukee have a Minor Heat Factor®.
Downtown Milwaukee is expected to see a 85% increase in the number of days over 97ºF over the next 30 years. Downtown Milwaukee is expected to experience 7