{"id":79466,"date":"2025-03-14T05:00:10","date_gmt":"2025-03-14T12:00:10","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=79466"},"modified":"2025-03-13T16:08:18","modified_gmt":"2025-03-13T23:08:18","slug":"home-prices-rise-midwest-2025","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/","title":{"rendered":"Home Prices Are Rising Fast in the Midwest"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Milwaukee\u2019s median sale price jumped 20% year over year in February\u2014a bigger increase than any other major metro. Detroit also saw a double-digit gain. A housing shortage is prompting buyers to bid up prices.<\/i><\/strong><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Nationwide, home prices rose 3% year over year, while pending sales fell the most since 2023.<\/i><\/strong><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>The typical U.S. home that sold last month was on the market for 54 days\u2014the longest for any February since 2020.<\/i><\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Midwest is home to three of the five metro areas where home prices are rising fastest.<\/span><\/p>\n<p>In <a href=\"https:\/\/www.redfin.com\/city\/35759\/WI\/Milwaukee\" target=\"_blank\" rel=\"noopener\">Milwaukee<\/a>, the median home sale price rose a record 20% year over year in February to $330,000\u2014the biggest jump among the 50 most populous metros. Next came <a href=\"https:\/\/www.redfin.com\/city\/5665\/MI\/Detroit\" target=\"_blank\" rel=\"noopener\">Detroit<\/a> (12.5%), <a href=\"https:\/\/www.redfin.com\/county\/1974\/NY\/Nassau-County\" target=\"_blank\" rel=\"noopener\">Nassau County, NY<\/a> (11.7%), <a href=\"https:\/\/www.redfin.com\/city\/17420\/CA\/San-Jose\" target=\"_blank\" rel=\"noopener\">San Jose, CA<\/a> (11.1%) and <a href=\"https:\/\/www.redfin.com\/city\/4145\/OH\/Cleveland\" target=\"_blank\" rel=\"noopener\">Cleveland<\/a> (10%).<\/p>\n<p><span style=\"font-weight: 400;\">Nationwide, the median home sale price climbed 3.2% to $425,421\u2014the slowest growth in six months. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">That coincided with a slowdown in homebuyer demand; U.S. pending home sales fell 6.2% year over year\u2014the biggest decline since September 2023\u2014and fell 1.1% month over month on a seasonally-adjusted basis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Prices are rising even though homebuying demand is falling because in much of the country, there aren\u2019t enough homes for sale, which is prompting buyers to bid up prices. While inventory is increasing in many areas, a lot of Midwest markets continue to see declines in the number of homes for sale; three of the five metros where housing supply is falling fastest are in the Midwest.<\/span><\/p>\n<p>In Detroit, active listings dropped 6.7% year over year in February\u2014the largest decline among the top 50 metros. Next came Newark, NJ (-6.4%), Milwaukee (-3.7%), Cleveland (-3.6%) and Portland, OR (-3.1%).<\/p>\n<p><span style=\"font-weight: 400;\">Nationwide, active listings rose 10.7% year over year and 1.3% month over month on a seasonally-adjusted basis, hitting the highest level since the early days of the pandemic (June 2020). Please note that metro-level data is not seasonally adjusted.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cToday\u2019s housing market is weird. Some homes are attracting bidding wars like it\u2019s 2020 again, while others are sitting on the market for weeks with no action,\u201d said <\/span><a href=\"https:\/\/www.redfin.com\/real-estate-agents\/desiree-bourgeois\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Desiree Bourgeois<\/span><\/a><span style=\"font-weight: 400;\">, a <\/span><a href=\"https:\/\/www.redfin.com\/premier\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Redfin Premier<\/span><\/a><span style=\"font-weight: 400;\"> real estate agent in Detroit. \u201cI recently saw one house get 10 offers and sell for $50,000 over the asking price, and the buyer waived their appraisal contingency. Oftentimes, it\u2019s move-in ready homes in desirable areas that draw competition.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even though prices are rising in the Midwest, it remains the most affordable homebuying region in the country. Detroit has the lowest median sale price of any major metro, at $180,000. Cleveland is the second most affordable, at $217,750.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">February 2025 Housing Market Highlights: United States<\/span><\/h3>\n<table>\n<thead>\n<tr>\n<th style=\"text-align: center;\"><\/th>\n<th style=\"text-align: center;\"><b>February 2025<\/b><\/th>\n<th style=\"text-align: center;\"><b>Month-over-month change<\/b><\/th>\n<th style=\"text-align: center;\"><b>Year-over-year change<\/b><\/th>\n<\/tr>\n<tr>\n<th><b>Median sale price<\/b><\/th>\n<th><span style=\"font-weight: 400;\">$425,421<\/span><\/th>\n<th><span style=\"font-weight: 400;\">1.8%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">3.2%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Existing home sales, seasonally adjusted annual rate<\/b><\/th>\n<th><span style=\"font-weight: 400;\">4,200,053<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-1.4%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">0.1%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Pending home sales, seasonally adjusted<\/b><\/th>\n<th><span style=\"font-weight: 400;\">462,931<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-1.1%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-6.2%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Homes sold, seasonally adjusted<\/b><\/th>\n<th><span style=\"font-weight: 400;\">425,074<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.7%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-2.0%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>New listings, seasonally adjusted<\/b><\/th>\n<th><span style=\"font-weight: 400;\">533,631<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-6.3%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-4.7%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Total homes for sale, seasonally adjusted (active listings)<\/b><\/th>\n<th><span style=\"font-weight: 400;\">1,831,602<\/span><\/th>\n<th><span style=\"font-weight: 400;\">1.3%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">10.7%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Months of supply<\/b><\/th>\n<th><span style=\"font-weight: 400;\">3.5<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.3<\/span><\/th>\n<th><span style=\"font-weight: 400;\">0.5<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Median days on market<\/b><\/th>\n<th><span style=\"font-weight: 400;\">54<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-2<\/span><\/th>\n<th><span style=\"font-weight: 400;\">6<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Share of homes that went off market in two weeks<\/b><\/th>\n<th><span style=\"font-weight: 400;\">36.1%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">6.5 ppts<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-3.7 ppts<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Share of homes sold above final list price<\/b><\/th>\n<th><span style=\"font-weight: 400;\">24.6%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">2.1 ppts<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-1.5 ppts<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Average sale-to-final-list-price ratio<\/b><\/th>\n<th><span style=\"font-weight: 400;\">98.5%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">0.3 ppts<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.2 ppts<\/span><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>Pending sales that fell out of contract, as % of overall pending sales<\/b><\/p>\n<\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">13.9%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">0.3 ppts<\/span><\/td>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">0.5 ppts<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><a href=\"https:\/\/fred.stlouisfed.org\/graph\/?g=1bnGA\" target=\"_blank\" rel=\"noopener\"><b>Monthly average 30-year fixed mortgage rate<\/b><\/a><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.84%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">-0.12 ppts<\/span><\/td>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">0.06 ppts<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><i><span style=\"font-weight: 400;\">Note: Data is subject to revision<\/span><\/i><\/p>\n<h3><b>Prices Are Falling Fastest in Texas and Florida<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"><br \/>\nPrices fell in six major U.S. metros in February, and all but one of those metros are in Texas or Florida.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Austin, TX, the median home sale price dropped 2.7% year over year to $430,000\u2014the largest decline among the 50 most populous metros. Next came Tampa, FL (-1.9%), San Antonio (-1.7%), Houston (-1.5%), Atlanta (-1%) and Jacksonville, FL (-0.8%).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In many ways, Texas and Florida are the opposite of the Midwest when it comes to the housing market. The supply of homes for sale is surging in many parts of Texas and Florida, giving buyers the <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-market-february-2025\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">upper hand<\/span><\/a><span style=\"font-weight: 400;\"> and causing prices to fall. That\u2019s partly because they\u2019ve been building more homes than other states. And in Florida, unsold inventory is <\/span><a href=\"https:\/\/www.redfin.com\/news\/unsold-housing-inventory-november-2024\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">piling up<\/span><\/a><span style=\"font-weight: 400;\"> amid skyrocketing <\/span><a href=\"https:\/\/www.redfin.com\/news\/home-insurance-survey-report-2024\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">insurance costs<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.redfin.com\/news\/hoa-fees-surge-florida-2024\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">HOA fees<\/span><\/a><span style=\"font-weight: 400;\">, along with intensifying natural disasters.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThere are about five times more home sellers than buyers, meaning it\u2019s a buyer\u2019s market,\u201d said <\/span><a href=\"https:\/\/www.redfin.com\/real-estate-agents\/connie-durnal\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Connie Durnal<\/span><\/a><span style=\"font-weight: 400;\">, a <\/span><a href=\"https:\/\/www.redfin.com\/premier\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Redfin Premier<\/span><\/a><span style=\"font-weight: 400;\"> agent in the northern suburbs of Dallas. \u201cThat\u2019s why I\u2019m telling all of my sellers that it\u2019s crucial to price their homes competitively.\u201d<\/span><\/p>\n<h3><b>Nationwide, Homes Are Selling at the Slowest Pace in Five Years<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"><br \/>\nThe typical U.S. home that went under contract in February was on the market for 54 days\u2014the longest period for any February since 2020, and up six days from a year earlier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Homes took the longest to sell in Florida and Texas. In Miami, the typical home that went under contract last month sat on the market for 94 days\u2014more than any other major metro. Next came West Palm Beach, FL (92), Austin (91), Fort Lauderdale, FL (91) and Pittsburgh (85).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many homebuyers are skittish due to economic uncertainty and elevated mortgage rates, which is why Redfin agents say that if sellers want to find a buyer quickly, they should make sure their home is in good condition and fairly priced. The average 30-year-fixed mortgage rate was <\/span><a href=\"https:\/\/fred.stlouisfed.org\/graph\/?g=1bnGA\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">6.84%<\/span><\/a><span style=\"font-weight: 400;\"> in February, down slightly from 6.96% a month earlier but still more than double the record low hit during the pandemic. Rates have dipped further in March, now sitting at <\/span><a href=\"https:\/\/www.freddiemac.com\/pmms\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">6.65%<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Homes sold quickest in West Coast tech hubs. In San Jose, the typical home that went under contract in February was on the market for 10 days\u2014fewer than any other major metro. It was followed by Seattle (12), Oakland, CA (14), San Francisco (15) and Boston (24). Historically, it has been common for homes in West Coast markets to sell the fastest.<\/span><\/p>\n<h3><strong>Metro-Level Highlights: February 2025<\/strong><\/h3>\n<p><i><span style=\"font-weight: 400;\"><br \/>\nThe bullets below are based on a list of the 50 most populous U.S. metropolitan areas. Some metros may be removed from time to time to ensure data accuracy. A full metro-level data table can be found in the \u201cdownload\u201d tab of the dashboard in<\/span><\/i><i><span style=\"font-weight: 400;\"> the monthly section of the Redfin <\/span><\/i><a href=\"https:\/\/www.redfin.com\/news\/data-center\/\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400;\">Data Center<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">. <\/span><\/i><i><span style=\"font-weight: 400;\">Refer to our <\/span><\/i><a href=\"https:\/\/www.redfin.com\/news\/data-center-metrics-definitions\/\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400;\">metrics definition page<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> for explanations of metrics used in this report. Metro-level data is not seasonally adjusted. All changes below represent year-over-year changes.<\/span><\/i><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Prices: <\/b><span style=\"font-weight: 400;\">Median sale prices rose most from a year earlier in Milwaukee (20%), Detroit (12.5%) and Nassau County (11.7%). They fell most in Austin (-2.7%), Tampa (-1.9%) and San Antonio (-1.7%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Pending sales: <\/b><span style=\"font-weight: 400;\">Pending sales rose most in Los Angeles (6%), Anaheim, CA (5.2%) and Columbus, OH (0.6%). They fell most in Miami (-16.6%), Minneapolis (-16.1%) and Philadelphia (-16.1%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Closed home sales:<\/b><span style=\"font-weight: 400;\"> Home sales rose most in Portland, OR (7.4%), Los Angeles (6.2%) and Anaheim (3.6%). They fell most in Miami (-20.7%), Austin (-18.2%) and Fort Lauderdale (-17.6%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>New listings: <\/b><span style=\"font-weight: 400;\">New listings rose most in Oakland (24.8%), San Jose (22.9%) and Sacramento, CA (17%). They fell most in Portland, OR (-24.9%), Detroit (-23.3%) and Kansas City, MO (-20.2%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Active listings:<\/b><span style=\"font-weight: 400;\"> Active listings rose most in Oakland (37.5%), Denver (29.8%) and Anaheim (26.9%). They fell most in Detroit (-6.7%), Newark (-6.4%) and Milwaukee (-3.7%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sold above list price:<\/b><span style=\"font-weight: 400;\"> In San Jose, 67.6% of homes sold above their final list price, the highest share among the metros Redfin analyzed. Next came Oakland (59.6%) and San Francisco (58.4%). The lowest shares were in West Palm Beach (5.5%), Miami (7.4%) and Fort Lauderdale (9%).<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Milwaukee\u2019s median sale price jumped 20% year over year in February\u2014a bigger increase than any other major metro. Detroit also saw a double-digit gain. A housing shortage is prompting buyers to bid up prices. Nationwide, home prices rose 3% year over year, while pending sales fell the most since 2023. The typical U.S. home that [&hellip;]<\/p>\n","protected":false},"author":13346,"featured_media":79467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8,22],"tags":[32,623],"coauthors":[125],"class_list":["post-79466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","category-market-tracker","tag-housing-market-tracker","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Home Prices Are Rising Fastest in the Midwest<\/title>\n<meta name=\"description\" content=\"Milwaukee\u2019s median sale price jumped 20% in February\u2014a bigger increase than any other major metro. Detroit also had a double-digit gain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Prices Are Rising Fast in the Midwest\" \/>\n<meta property=\"og:description\" content=\"Milwaukee\u2019s median sale price jumped 20% in February\u2014a bigger increase than any other major metro. Detroit also had a double-digit gain.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-14T12:00:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/03\/milwaukee-1809871_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lily Katz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lily Katz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/\"},\"author\":{\"name\":\"Lily Katz\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\"},\"headline\":\"Home Prices Are Rising Fast in the Midwest\",\"datePublished\":\"2025-03-14T12:00:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/\"},\"wordCount\":1200,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/milwaukee-1809871_1280.jpg\",\"keywords\":[\"Housing Market Tracker\",\"national\"],\"articleSection\":[\"Housing Market News\",\"Monthly Market Update\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/\",\"name\":\"Home Prices Are Rising Fastest in the Midwest\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/milwaukee-1809871_1280.jpg\",\"datePublished\":\"2025-03-14T12:00:10+00:00\",\"description\":\"Milwaukee\u2019s median sale price jumped 20% in February\u2014a bigger increase than any other major metro. Detroit also had a double-digit gain.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/milwaukee-1809871_1280.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/milwaukee-1809871_1280.jpg\",\"width\":1280,\"height\":853},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/home-prices-rise-midwest-2025\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Home Prices Are Rising Fast in the Midwest\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\",\"name\":\"Lily Katz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"caption\":\"Lily Katz\"},\"description\":\"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/lily-katzredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Home Prices Are Rising Fastest in the Midwest","description":"Milwaukee\u2019s median sale price jumped 20% in February\u2014a bigger increase than any other major metro. Detroit also had a double-digit gain.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/","og_locale":"en_US","og_type":"article","og_title":"Home Prices Are Rising Fast in the Midwest","og_description":"Milwaukee\u2019s median sale price jumped 20% in February\u2014a bigger increase than any other major metro. Detroit also had a double-digit gain.","og_url":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2025-03-14T12:00:10+00:00","og_image":[{"width":1280,"height":853,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/03\/milwaukee-1809871_1280.jpg","type":"image\/jpeg"}],"author":"Lily Katz","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Lily Katz","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/"},"author":{"name":"Lily Katz","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f"},"headline":"Home Prices Are Rising Fast in the Midwest","datePublished":"2025-03-14T12:00:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/"},"wordCount":1200,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/03\/milwaukee-1809871_1280.jpg","keywords":["Housing Market Tracker","national"],"articleSection":["Housing Market News","Monthly Market Update"],"inLanguage":"en-US","copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/","url":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/","name":"Home Prices Are Rising Fastest in the Midwest","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/03\/milwaukee-1809871_1280.jpg","datePublished":"2025-03-14T12:00:10+00:00","description":"Milwaukee\u2019s median sale price jumped 20% in February\u2014a bigger increase than any other major metro. Detroit also had a double-digit gain.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/03\/milwaukee-1809871_1280.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/03\/milwaukee-1809871_1280.jpg","width":1280,"height":853},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/home-prices-rise-midwest-2025\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Home Prices Are Rising Fast in the Midwest"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f","name":"Lily Katz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","caption":"Lily Katz"},"description":"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.","url":"https:\/\/www.redfin.com\/news\/author\/lily-katzredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/79466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13346"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=79466"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/79466\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/79467"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=79466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=79466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=79466"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=79466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}