Wisconsin housing market

Statewide listing data for September 2026, the latest month Realtor.com® Economic Research has published, with two years of history. Checked October 8, 2026.

Wisconsin at a glance

Midwest
Median listing price
$389,900
Down 0.6% vs. a year ago
September 2026
Homes for sale
15,857
Up 20.3% vs. a year ago
September 2026
Median days on market
45days
Up 2 days vs. a year ago
September 2026
Listings with a price cut
18.7%
Up 2.1 pts vs. a year ago
September 2026
New listings this month
6,254
Down 3.8% vs. a year ago
September 2026
Median list price per sq ft
$217
Up 1.3% vs. a year ago
September 2026

Source: Realtor.com® Economic Research (Wisconsin, September 2026). Asking prices and active listings, not closed sales.

What the data says

  • There are 20.3% more homes for sale in Wisconsin than a year ago.
  • The median asking price is down 0.6% from a year ago.
  • 19% of active listings have had at least one price reduction.
  • The typical listing spends 45 days on the market, 2 days longer than a year ago.
Home prices in Wisconsin, past 12 months (FHFA index)
+5.6%
Q2 2026 · FHFA HPI

Repeat sales and appraisals of the same homes, published quarterly with a lag of about two months.

Two-year trend

Median listing price, Wisconsin

Wisconsin median listing price, past two yearsMonthly median asking price in Wisconsin from $383,725 to $389,900.$360K$370K$380K$390K$400KSep ’24Feb ’25Jul ’25Dec ’25May ’26Sep ’26$390K
Wisconsin median listing price, past two years
PeriodValue
2024-09-01$384K
2024-10-01$377K
2024-11-01$370K
2024-12-01$366K
2025-01-01$370K
2025-02-01$379K
2025-03-01$385K
2025-04-01$397K
2025-05-01$400K
2025-06-01$400K
2025-07-01$400K
2025-08-01$399K
2025-09-01$392K
2025-10-01$389K
2025-11-01$375K
2025-12-01$370K
2026-01-01$370K
2026-02-01$377K
2026-03-01$390K
2026-04-01$399K
2026-05-01$400K
2026-06-01$400K
2026-07-01$400K
2026-08-01$399K
2026-09-01$390K

Homes for sale, Wisconsin

Wisconsin active listings, past two yearsMonthly active listings in Wisconsin from 12,077 to 15,857.8,00010K12K14K16KSep ’24Feb ’25Jul ’25Dec ’25May ’26Sep ’2616K
Wisconsin active listings, past two years
PeriodValue
2024-09-0112K
2024-10-0112K
2024-11-0112K
2024-12-019,869
2025-01-018,623
2025-02-018,461
2025-03-018,730
2025-04-019,437
2025-05-0111K
2025-06-0112K
2025-07-0112K
2025-08-0113K
2025-09-0113K
2025-10-0113K
2025-11-0113K
2025-12-0111K
2026-01-019,781
2026-02-019,825
2026-03-0111K
2026-04-0111K
2026-05-0113K
2026-06-0114K
2026-07-0115K
2026-08-0116K
2026-09-0116K

Listings follow a seasonal pattern each year; compare a month with the same month a year earlier.

Wisconsin compared with the U.S.

Compare with another state
Wisconsin statewide figures next to national figures for the same month
MeasureWisconsinUnited States
Median listing price$389,900 (−0.6% y/y)$419,250 (−1.4% y/y)
Homes for sale15,857 (+20.3% y/y)1,161,615 (+5.4% y/y)
Median days on market45 days (+2 days y/y)61 days (Unchanged y/y)
Listings with a price cut18.7% (+2.1 pts y/y)20.8% (+0.9 pts y/y)
Median list price per sq ft$217 (+1.3% y/y)$223 (−1.7% y/y)

Sources: Realtor.com® Economic Research (Wisconsin, September 2026); Realtor.com® Economic Research (United States, September 2026). “y/y” is the change from the same month a year earlier.

An affordability illustration

Run your own numbers
Principal and interest on the median-priced listing in Wisconsin
$2,134 /month
That is 29% of the state’s median household income ($88,020 a year, 2025).

The inputs

  • Median listing price (September 2026)$389,900
  • Down payment20% ($77,980)
  • Loan amount$311,920
  • Rate: 30-year fixed, national (Week of Oct 1, 2026)7.28%
  • Median household income, Wisconsin (2025)$88,020

This is an illustration, not a lender calculation. It leaves out property taxes, homeowners insurance, mortgage insurance and HOA dues, which can add several hundred dollars or more a month. The rate is a national average for strong-credit borrowers; your rate may differ.

Sources: Realtor.com® Economic Research (Wisconsin, September 2026); Freddie Mac Primary Mortgage Market Survey, via FRED, Federal Reserve Bank of St. Louis (United States, Week of Oct 1, 2026); U.S. Census Bureau, Current Population Survey, via FRED, Federal Reserve Bank of St. Louis (Wisconsin, 2025).

Editor’s notes on Wisconsin

Written March 2026; conditions may have changed

Wisconsin's market punches above its weight. Madison is among the most competitive mid-sized university-city markets in the country — consistently tight inventory, strong appreciation, and an exceptional quality of life. Milwaukee is experiencing genuine urban renewal with neighborhoods like Bay View and Walker's Point seeing strong investment.

For buyers

Madison is one of America's most consistently strong housing markets — strong fundamentals, great livability, and steady appreciation. Act fast here.

For sellers

Madison sellers are in excellent position. Milwaukee sellers in quality neighborhoods should price confidently.

These notes are background written by our editors in March 2026, before the data above. Where they differ, the dated figures on this page are more current.