Photo: Bfkenney · CC BY-SA 4.05,527 homes sold in Milwaukee in the last year, at a typical $234K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Milwaukee homes are listed.
Every place Milwaukee homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Milwaukee.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
13% of Milwaukee’s sales are condos, at $21K less than a house
3443 houses and 730 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 3443 sold in 12 months
- Per square foot
- $174WI $196
- Days to sell
- 42
- Sold over asking
- 50%
- Listings with a price cut
- 23%
typical sale · 730 sold in 12 months
- Per square foot
- $217WI $209
- Days to sell
- 60
- Sold over asking
- 23%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 1354 sold, typical $213K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.2 times the 2016 price
5,527 sales in the last year, against 7,953 in 2021 and a low of 5,418 in 2015. The typical sale went from $108K in 2016 to $234K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Milwaukee
Check a listing against what Milwaukee homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Milwaukee are more common than before the pandemic, but 29% fewer homes come up for sale
We read every month of Milwaukee’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 5,527 sales.
If you’re buying in Milwaukee
- Shop in March. It brings about 683 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
- You can negotiate. 23% of listings have cut their price, against 19% before the pandemic.
- Bid near asking. Buyers paid 99.4% of the list price on average; 43% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 810 a month), but July is the most competitive: 44% of July sales close over asking. March offers nearly as much choice with fewer homes bid up (33%). January has the least competition (25%) but only about 479 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Wisconsin
| Milwaukee now | 2017–19 | 2021 peak | WI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 43% | 29% | 49% | 38% |
| Gone within two weeksShare of homes under contract within 14 days | 48% | 38% | 53% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | 19% | 18% | 18% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 97.1% | 100.9% | 99.6% |
| Days to sellMedian days from listing to contract | 44 | 59 | 49 | 51 |
1277 homes for sale on a typical day
That’s 1.2 times the 2024 low (1095), 29% fewer than in 2017–19 and well under 2015’s 2573.
1 in 4 listings has cut its price
23% in the last year, against 19% in 2017–19 and 18% across Wisconsin.
Since 2019, houses are up 75%, condos 15%
A house typically sold for $241K in the last year (3443 sales), a condo for $220K (730).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Milwaukee ranks 64th of 158 busy Wisconsin markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Milwaukee is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Milwaukee home costs about $1,610 a month
Price: Milwaukee’s typical sale, last 12 months. Property tax at Milwaukee’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Milwaukee is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 347.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $234K home, about $4,660 a year.
Taxes vs. neighborsSchools
The schools grade for Milwaukee, from test results, graduation and how much students grow.
Schools in MilwaukeeTypical commute
The average one-way trip to work for people who live in Milwaukee.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Wauwatosa, Shorewood, Whitefish Bay and West Allis for far more
The busier markets within 25 miles of Milwaukee, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Milwaukee | 5,527 | $234K | $158 | 43% | 44 |
| West Allis | 726 | $279K | $198 | 59% | 36 |
| Wauwatosa | 713 | $400K | $228 | 61% | 39 |
| Glendale | 213 | $339K | $190 | 51% | 47 |
| Whitefish Bay | 197 | $669K | $332 | 63% | 38 |
| Shorewood | 143 | $566K | $256 | 52% | 44 |
| West Milwaukee | 31 | $264K | $191 | 45% | 43 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Milwaukee, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Milwaukee. People who follow the town see it, and so do people comparing Milwaukee with their own town. No commission, no listing fee.
Questions about buying a home in Milwaukee
What do homes sell for in Milwaukee, WI?
5,527 homes sold in the year to May 2026 at a typical $234K, $158 a square foot. Houses sold for about $241K, condos for about $220K.
Is Milwaukee a buyer’s or seller’s market?
A seller’s market: 1349 homes were for sale in May 2026 and 573 sold, about 2.4 months of supply. Buyers paid 99.4% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Milwaukee?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Milwaukee?
About 2% of a home’s value a year. On a $234K home that’s near $4,660.
Where can I see homes for sale in Milwaukee?
Zillow, Redfin, Realtor.com and Homes.com all carry Milwaukee’s MLS listings; the search links above open each one filtered to Milwaukee.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).