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Milwaukee WI Housing Market Report — 2026

Primary market fields refreshed from Redfin rolling-three-month city data ending 2026-06-30 and Zillow city data as of 2026-06-30.

June 2026 Market Refresh.

Last updated: July 22, 2026

This is the current source-backed market panel. Any earlier dated Redfin or Zillow figures elsewhere on this report are supplemental historical snapshots only, not the current refresh.

Redfin median sale price$240,169
Year over year+0.07%
Median days on market40 median days on market
Homes sold1,770 homes sold
Zillow ZHVI$231,388 (+3.37% YoY)

Milwaukee WI Redfin median sale price: $240,169 (+0.07% YoY), 40 median days on market, 1,770 homes sold for the rolling three months ending 2026-06-30 (Redfin Data Center; source updated 2026-07-03). Milwaukee WI Zillow ZHVI: $231,388 (+3.37% YoY) as of 2026-06-30 (Zillow Research, June 2026). Zillow source label: Zillow Research city ZHVI as of 2026-06-30. Source scope: Redfin Data Center exact city row, rolling three months ending 2026-06-30; source updated 2026-07-03. June 2026 primary fields only. Other on-page figures are May 2026 supplemental context unless separately dated. Market data is background context only; property-specific value still depends on condition, title, occupancy, repairs, payoff, liens, and closing timeline.

June 2026 source notice

The refresh panel contains the current Redfin and Zillow primary fields, including 1,770 homes sold in the Redfin rolling-three-month row ending 2026-06-30. Other market figures below retain their displayed source dates and are May 2026 supplemental context unless explicitly dated June 2026.

TL;DR

According to Redfin (May 2026), Milwaukee's median sale price is $235,859 — up 14.6% year-over-year — with 40 days on market and a Compete Score of source-backed. Milwaukee County median is $280,000. USA Home Buyers purchases Milwaukee homes for cash in any condition, any situation. Written offer in 24 hours, closing timing depends on title and closing readiness. Call 888-274-5006.

Milwaukee WI Market Overview

Milwaukee is Wisconsin's largest city and the economic hub of southeastern Wisconsin. The combination of manufacturing heritage, healthcare (Froedtert, Aurora, Children's), financial services (Northwestern Mutual), and a large university presence (UWM, Marquette) creates a stable housing market. Milwaukee's architectural identity — German duplexes, Cream City brick buildings, Queen Anne and Arts & Crafts single-family homes, Polish flats — reflects layers of 19th and early-20th-century growth. About 44.8% of city housing units were built before 1950 (2024 ACS Census data).

MetricValueSource
Median sale price (city)$235,859 (+3.02% YoY)Redfin (May 2026)
Median sale price (county)$280,000 (+12.0% YoY)Redfin county (May 2026)
Median price per sq ft$161/sq ft (+15.0% YoY)Redfin (May 2026)
Median days on market40 days (city); 39 days (county)Redfin (May 2026)
Sale-to-list ratiosource-labeled city; 100.6% countyRedfin (May 2026)
Compete ScoreMay 2026 source-backedRedfin (May 2026)
Monthly homes sold445 city; 4 avg. offersRedfin (May 2026)
WI transfer fee$3/$1,000 (0.3%), Milwaukee County RODWis. Stat. §77.22
WI recording fee$30 flat statewide (WRDA)WRDA
Foreclosure typeJudicial — Milwaukee County Circuit Court; sheriff auctions every Monday morningWI Law Help / Wis. Stat. Ch. 846
CountyMilwaukee County

Milwaukee Neighborhoods — Character Notes

NeighborhoodCharacter
Bay ViewLake-adjacent older homes/bungalows. High demand, tight margins. Median $355,000 (May 2026). Compete Score 83.
RiverwestDuplex/rental and near-downtown demand. Small-sample volatility. Median ~$366,000 (May 2026). Compete Score 67.
Washington HeightsHistoric west-side housing. Owner-occupant + rehab appeal. Median $320,000 (May 2026). Compete Score 78.
Sherman ParkStrongest rehab/cash-buyer affordability. Older stock and repair risk. Median $115,000 (May 2026). Compete Score 62.
Walker's PointMixed industrial/residential, redevelopment. Median ~$158,000 (May 2026). Compete Score 78. Small sample.
Lower East SideCondo/rental-heavy. Longer DOM (123 avg/108 typical). HOA complexity. Median ~$329,000 (May 2026). Compete Score 38.
Downtown MilwaukeeCondo/urban inventory. Higher price, slower timelines. Median $397,000 (May 2026). Compete Score 40.

Note: Neighborhood samples can be small (1–5 sales/month). Use as directional guidance; verify with current Redfin/MLS data. Sources: Redfin neighborhood pages, May 2026.

What Milwaukee's Market Means for As-Is Sellers

With a source-labeled sale-to-list ratio and source-backed Compete Score, move-in-ready Milwaukee homes sell well. But the city's 44.8% pre-1950 housing share means inherited, distressed, or deferred-maintenance properties — especially the large duplex and multifamily stock — often can't compete on the retail market without $25,000–$60,000+ in updates. A direct cash sale from USA Home Buyers can close well before a probate or foreclosure timeline forces your hand.

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June 2026 source-backed market snapshot.

Milwaukee WI market data

Redfin median sale price
$240,169
Redfin YoY
+0.07%
Median days on market
40 median days on market
Homes sold
1,770 homes sold
Zillow ZHVI
$231,388 (+3.37% YoY)

Milwaukee WI Redfin median sale price: $240,169 (+0.07% YoY), 40 median days on market, 1,770 homes sold for the rolling three months ending 2026-06-30 (Redfin Data Center; source updated 2026-07-03). Milwaukee WI Zillow ZHVI: $231,388 (+3.37% YoY) as of 2026-06-30 (Zillow Research, June 2026). Zillow source label: Zillow Research city ZHVI as of 2026-06-30. Source scope: Redfin Data Center exact city row, rolling three months ending 2026-06-30; source updated 2026-07-03. Market data is background context only, not a property-specific offer or value promise.

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