Wisconsin started 2024 with a total of 5,238 single-family homes on the market, with a median home price of $370,000 and an average price per square foot of $219.04. By the end of the year, inventory had increased to 6,649 homes on the market (+27%), with a median home price of $379,000 (+2%), and an average price per square foot of $237 (+8%).
At the start of 2024, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 70 days.
Wisconsin started the year with 30.03% 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 34.71% of homes for sale had taken a price cut.
