The Wisconsin Real Estate Market: 2024 Trends

I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Wisconsin

💡 Key Wisconsin housing market facts

Data PointValueRankCompared to National Avg
Typical Home Value $303,921[1]#31 of 50 states17.7% lower
Median Listing Price $399,900[2]#28 of 50 states12.9% lower
Median Sale Price $336,500[3]#34 of 50 states21.9% lower
30 Year Mortgage Rate 6.87%[4]#7 of 50 states1.5% lower
Median Days on Market 32[5]#11 of 50 states22.4% shorter
Show more

Looking to buy or sell in Wisconsin?

Enter your zip code to match with top agents in your area!

🗺️ Buying a house in the Wisconsin real estate market

Wisconsin has an affordability score of 5.3, meaning it takes 5.3 years of the median household income ($63,293) to afford Wisconsin's median home sale price ($336,500). Because of this, we rank Wisconsin as the 15th most affordable state for buyers based strictly on prices compared to income.

Data PointValueRankCompared to National Avg
Median Sale Price $336,500[6]#34 of 50 states21.9% lower
30 Year Mortgage Rate 6.87%[7]#7 of 50 states1.5% lower
Median Household Income $63,293[8]#24 of 50 states1.9% lower
Affordability Ratio 5.3#15 of 50 states19.4% lower
Buyers Agent Commission 2.46%[9]#10 of 50 states8% lower
Show more

Resources for Wisconsin home buyers

🗺️ Selling a house in the Wisconsin real estate market

According to our detailed survey of Wisconsin real estate agents, listing agents (those representing the seller) charge an average commission in Wisconsin of 2.74%, which is the 12th lowest in the United States. Buyers' agents charge an average commission of 2.46%, which is the 10th lowest in the United States.

Data PointValueRankCompared to National Avg
Median Listing Price $399,900[10]#28 of 50 states12.9% lower
Median Sale Price $336,500[11]#34 of 50 states21.9% lower
Median Days on Market 32[12]#11 of 50 states22.4% shorter
Buyer's Agent Commission 2.46%[13]#10 of 50 states8% lower
Listing Agent Commission 2.74%[14]#12 of 50 states4.1% lower
Show more

Resources for Wisconsin home sellers

Moving to Wisconsin

According to our recent moving trends survey[15], 8% of Americans indicated that they would choose to move to Wisconsin if money were no object. Likewise, 5% of survey respondents indicated that they would move to Milwaukee among a choice of America's largest cities. Among medium-sized cities, 6% indicated that they would move to Madison.

Here's how Wisconsin cities rank in a number of our research studies.

StudyBest Wisconsin cityRank
Best Pizza Cities[16]Milwaukee25th best
Best Coffee Cities[17]Milwaukee18th best
Best LGBTQ Cities[18]Milwaukee15th best
Best Bike Cities[19]Milwaukee12th best
Best Commuter Cities[20]Milwaukee6th best
Show more

Article Sources

[1] Zillow – "Zillow Home Value Index". Updated May 31, 2024.
[2] Realtor.com – "Realtor.com Data Library". Updated May 2024.
[3] Redfin – "Redfin Data Center". Updated May 2024.
[4] Bankrate – "Bankrate". Updated July 2024.
[5] Realtor.com – "Realtor.com Data Library". Updated May 2024.
[6] Redfin – "Redfin Data Center". Updated May 2024.
[7] Bankrate – "Bankrate". Updated July 2024.
[8] US Census – "US Census, 2020 American Community Survey". Updated 2020.
[9] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated July 2024.
[10] Realtor.com – "Realtor.com Data Library". Updated May 2024.
[11] Redfin – "Redfin Data Center". Updated May 2024.
[12] Realtor.com – "Realtor.com Data Library". Updated May 2024.
[13] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated July 2024.
[14] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated July 2024.
[15] Home Bay – "Half of Americans Are Surprised by How Much It Costs to Move". Updated February 26, 2024.
[16] Clever Real Estate – "The 15+ Best Pizza Cities in America". Updated February 12, 2024.
[17] Clever Real Estate – "The Best (and Worst) Coffee Cities in America". Updated January 12, 2024.
[19] Clever Real Estate – "The Most Bike-Friendly Cities in the U.S.". Updated July 17, 2023.
[20] Clever Real Estate – "The Best (and Worst) Cities for Commuters". Updated September 21, 2023.

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area
If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.