"In September, home prices fell slightly from the month before, with a median listing price of $239,450. The number of listings on the market grew 6.8% from last month, which is a bigger increase than normal for this time of the year in Milwaukee, and homes are also selling slower than at the same time last year. Home prices in Milwaukee"
"Typically, home price per square foot in Milwaukee tend to fall in September. And the most recent data shows that the price per square foot decreased by 0.1% compared with the month before. So, how does this compare with the rest of the U.S? Nationally, home price per square foot decreased 0.8%, which means price changes in Brew City are smaller the national market."
In September, Milwaukee median listing price was $239,450, a slight month-over-month decline. Price per square foot in Milwaukee decreased 0.1% compared with the previous month, while the national price per square foot fell 0.8%, indicating smaller local changes than the national market. There were 1,004 homes for sale in Milwaukee, up 6.8% from the prior month and up 16.9% from the same month last year. National active inventory rose 0.2% to 1,100,407. Homes in Milwaukee averaged 32 days on market, one day longer than last month and two days longer year-over-year; the national average was 62 days.
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