Wisconsin Home Sales Rose Nearly 5% in 2024
Tuesday, January 28th, 2025 -- 8:01 AM
(Wisconsin Radio Network) Wisconsin home sales rose nearly five percent last year, but there continues to be an affordability problem.
Wisconsin Realtors Association economist Dave Clark said prices have been going up at a robust rate due to factors including tight supply and pretty strong demand for houses.
The Realtors report prices increased nearly nine percent, with a median price of $310,000 last year, but much higher than that in both the Milwaukee and Madison areas.
While that makes for a market favorable to sellers, Clark said there’s one caveat; homeowners looking to sell and then buy another home will be buying at premium prices as well.
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