Local home value data · Milwaukee, WI
What's my home worth in Milwaukee, WI?
Milwaukee was the only Midwest city to make Zillow's national hottest-markets list for 2026. Sale times have stretched out since spring, but homes here still draw multiple offers on average and sell close to list price.
Is Milwaukee a buyer's or seller's market?
Leaning seller's. Redfin rates Milwaukee 70/100 (very competitive), based on how quickly homes sell, how often they get multiple offers, and how close they sell to list price.
What this means if you're selling in Milwaukee
A median sale price near $245,000 in the city, up 2.6% year-over-year, with homes averaging about three offers and selling at roughly list price, shows Milwaukee still has real buyer demand. Homes are taking about 42 days to sell, though, so the pace is more measured than earlier in the year, and well-prepared, well-priced listings are the ones that move quickest.
How Milwaukee compares
Milwaukee's median sale price sits 40% below the U.S. median.
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Why is Milwaukee considered a hot housing market for 2026?
Milwaukee was ranked among the top 10 hottest U.S. housing markets for 2026 by Zillow, and was the only Midwest city on that particular list — driven by relatively fast sale times and steady price growth.
How fast are homes selling in Milwaukee?
Homes in Milwaukee are going to pending in roughly 42 days on average, faster than many comparable Midwest metros.
How accurate is a median home value for a specific Milwaukee neighborhood?
City-wide and county-wide medians can differ substantially by neighborhood. A free home value report reviewed by a local agent accounts for your specific address and recent nearby sales.
Home values in nearby markets
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Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.