I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Wisconsin
💡 Key Wisconsin housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $306,566[1] | #30 of 50 states | 16.4% lower |
Median Listing Price | $379,450[2] | #30 of 50 states | 13.8% lower |
Median Sale Price | $325,700[3] | #33 of 50 states | 22.2% lower |
30 Year Mortgage Rate | 6.87%[4] | #7 of 50 states | 1.5% lower |
Median Days on Market | 43[5] | #8 of 50 states | 23.5% shorter |
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🗺️ Buying a house in the Wisconsin real estate market
Wisconsin has an affordability score of 5.1, meaning it takes 5.1 years of the median household income ($63,293) to afford Wisconsin's median home sale price ($325,700). Because of this, we rank Wisconsin as the 15th most affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $325,700[6] | #33 of 50 states | 22.2% lower |
30 Year Mortgage Rate | 6.87%[7] | #7 of 50 states | 1.5% lower |
Median Household Income | $63,293[8] | #24 of 50 states | 1.9% lower |
Affordability Ratio | 5.1 | #15 of 50 states | 19.5% lower |
Buyers Agent Commission | 2.47%[9] | #11 of 50 states | 2.7% lower |
Resources for Wisconsin home buyers
Preparing to buy in Wisconsin
🗺️ 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 3.31%, which is the highest in the United States. Buyers' agents charge an average commission of 2.47%, which is the 11th lowest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $379,450[10] | #30 of 50 states | 13.8% lower |
Median Sale Price | $325,700[11] | #33 of 50 states | 22.2% lower |
Median Days on Market | 43[12] | #8 of 50 states | 23.5% shorter |
Buyer's Agent Commission | 2.47%[13] | #11 of 50 states | 2.7% lower |
Listing Agent Commission | 3.31%[14] | #50 of 50 states | 21.5% higher |
Resources for Wisconsin home sellers
Preparing to sell in Wisconsin
- 8 Steps to Selling a House in Wisconsin
- Average Time to Sell a House in Wisconsin
- When Is the Best Time to Sell a House in Wisconsin?
- Top Real Estate Agents in Wisconsin
Wisconsin home selling costs and requirements
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.
Study | Best Wisconsin city | Rank |
Best Pizza Cities[16] | Milwaukee | 25th best |
Best Coffee Cities[17] | Milwaukee | 18th best |
Best LGBTQ Cities[18] | Milwaukee | 15th best |
Best Bike Cities[19] | Milwaukee | 12th best |
Best Commuter Cities[20] | Milwaukee | 6th best |