(The Center Square) – People in Wisconsin continue to buy homes, even as prices steadily increase.
The Wisconsin Realtors Report for April shows both a jump in sales and a jump in prices.
“For the second straight month, existing home sales grew at a healthy pace, rising 7.4% compared to April 2025. Likewise, median prices increased to $340,000, which is up 6.3% over the last 12 months,” the report states.
The real estate agents say 5,573 homes were sold in Wisconsin last month. That’s up by about 400 from the year before.
Once again, most of those homes were sold in and around Milwaukee and Madison.
The report notes that 38% of homes sold last month were sold in southeast Wisconsin. Another 20% were sold in south central Wisconsin.
Home prices are also highest in those two areas. The median price tag for a home in southeast Wisconsin hit $345,000 and $400,000 in south central Wisconsin.
Still, the agent Amy Curler said people continue to buy.
“We’re pleased to see March’s sales momentum extend into April across Wisconsin. Even with limited inventory, the consistency in activity reflects resilient buyer demand and continued strength in our existing home market,” she said.
Strong sales, however, do have a downside.
“The spike in sales has put significant stress on the limited supply. With just 3.7 months of supply, we would need inventory to increase by nearly 62% to get to a balanced market with six months of supply. For potential sellers, this is an excellent time to list as we move into the all-important peak summer market,” Realtors CEO Tom Larson said.
The real estate agents said 21,587 homes were on the market in April, that’s almost the exact same number of homes for sale in April of last year. The average house is on the market for 76 days.
