Milwaukee, Wisconsin started 2024 with a total of 431 single-family homes on the market, with a median home price of $165,000 and an average price per square foot of $134.83. By the end of the year, inventory had increased to 462 homes on the market (+7%), with a median home price of $214,900 (+30%), and an average price per square foot of $158 (+17%).
At the start of 2024, the median days on market (DOM) was 56 days – by the end of the year, median DOM had decreased to 56 days.
Milwaukee, Wisconsin started the year with 50.12% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 49.13% of homes for sale had taken a price cut.
