The housing market in Milwaukee, WI is thriving. The median value of homes in the city is $180,800, which is lower than the national median of $338,100. In the last year, houses have appreciated 11.74%, much higher than the 8.27% national appreciation rate. This indicates that buying in Milwaukee is a good investment for those looking to take advantage of increasing home prices and get into an affordable market. With rising home values and a growing economy, Milwaukee is becoming an attractive option for potential homeowners.
The median home cost in Milwaukee is $180,800. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee is up 14.0%.
Average Age of Homes
- The median age of Milwaukee real estate is 66 years old
The Rental Market in Milwaukee
- Renters make up 50.8% of the Milwaukee population
- 4.0% of houses and apartments in Milwaukee, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.