Home prices continue climb in Wisconsin

(The Center Square) – Home prices in Wisconsin rose nearly 6% in June, according to a report from the state’s realtors association.

“Existing home sales increased 5.9% in June compared to June 2025, while the statewide median home price rose 5.9% over the same period to $360,000,” the Wisconsin Realtors Association wrote. “Year-to-date, existing home sales were up 3.7%, and the median price climbed 6.3% to $340,000 compared to the first six months of 2025.”

Home prices in the Milwaukee and Madison areas were higher than those statewide norms in June.

The media price for a house near Madison, in south central Wisconsin, was $415,000 in June. The median price for a home in southeast Wisconsin was $375,000. Homes in northeast Wisconsin had a median price of $331,500. Homes in central Wisconsin had the lowest median price in the state at $278,000.

Realtors say those higher prices are not slowing sales.

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“In a typical year, June is the strongest month for closings, so it was good to see a healthy bounce in June sales, which led to a solid first half for the year,” Realtors CEO Tom Larson said.

The report shows 7,768 homes were sold in June of this year.

And there are more homes for sale.

“Although months of inventory remained static, there were more new listings of homes on the market, which resulted in more total listings than last year,” association Chairwoman Amy Curler said. “This led to a solid increase in sales for the month of June.”

The report said 24,463 homes were on the market in June.

Larson said steadily increasing prices make it hard for some people to buy a home.

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“While affordability remains a challenge for first-time buyers, higher inventory helps grow sales and also helps moderate price appreciation,” Larson said. “Hopefully these trends continue throughout the second half of 2026.”

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