How much do homes in Milwaukee, WI cost?

Median List Price

$214,920

Based on all homes listed in August 2021.

Difference Since Last Month

+$3,286(+1.6%)

Key Takeaway

The list price of homes in Milwaukee has increased by 1.6% since July.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSJul 2021Aug 2021%
1 $191.9K$200K+4.2%
2 $235K$241.9K+3.0%
3 $153.9K$155K+0.7%
4 $164.9K$169.9K+3.0%
5+ $184.9K$179.9K-2.7%

Median List Price Compared To Nearby Cities

Milwaukee
+1.6%
Wauwatosa
-3.9%

How many homes are available in Milwaukee, WI?

Number of Homes For Sale

Jul 2021Aug 2021%
366391+6.8%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 7485+14.9%
2 189196+3.7%
3 8588+3.5%
4 1619+18.8%
5+ 23+50.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Jul 2021Aug 2021%
84 Days88 Days+3.6%

About Milwaukee, WI

Milwaukee, WI has 391 homes for sale to choose from. The inventory of homes for sale in Milwaukee, WI between July 2021 and August 2021 increased by 6.8%. In August 2021 median list price was $214,920 and the average listing age was 88 days. This housing market listing prices have changed between August 2020 and August 2021: 1 bedroom properties prices increased by 4.2%, 2 bedrooms properties prices increased by 3%, 3 bedrooms properties became 0.7% more expensive, the cost of 4 bedrooms properties went up by 3%, prices of 5 bedrooms properties went down by 2.7%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 14.9%, volume of 2 bedrooms homes went up by 3.7%, the quantity of 3 bedrooms homes went up by 3.5%, volume of 4 bedrooms homes went up by 18.8%, 5 bedrooms homes inventory increased by 50%. Over 35 listings were sold over their listed price in August 2021 in Milwaukee, WI. In the same period over 37 listings were sold below the listed price and 16 listings were sold for the listed price.

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