Milwaukee-Waukesha, WI
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Milwaukee-Waukesha market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Milwaukee-Waukesha, WI.
The Milwaukee-Waukesha market is characterized by a very weak demand absorption, with a pending ratio of 0.16. This indicates that supply significantly outpaces current demand, despite active listings growing by 10.7% year-over-year to 3,576 units.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Building permits (private housing units) · Jul 2026
Shows whether future inventory pressure may increase.
U.S. Census Bureau building permits via FRED (St. Louis Fed).
What's moving the Milwaukee-Waukesha market right now.
Active listings expanded by 10.7% year-over-year, reaching 3,576 units, while new listings also increased by 2.8% over the past year. Concurrently, the median listing price remained flat year-over-year at $399,900, though it saw a month-over-month decline of 2.2%. The pending ratio, at 0.16, registered a year-over-year increase of 0.5, but remains indicative of subdued demand absorption relative to available supply. Median days on market extended to 36, representing a 12.5% increase over the past year.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With the pending ratio at 0.16 and active listings showing significant year-over-year growth, market dynamics heavily favor buyers. The prolonged median days on market, now at 36, combined with a relatively high 15.6% price-reduced share, suggests that properties are taking longer to transact and price discipline from sellers is under pressure.
No distinct luxury-segment signal in this dataset.
3,576 active listings represent the current floor, with new supply arriving at roughly 1,612 per month.
of active listings carry a price reduction, +0.4% from prior period.
Median price per square foot has moved +2.6% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Milwaukee-Waukesha, WI? Homes here are taking 4 days longer to sell than last year.
Buyers have leverage in Milwaukee-Waukesha, WI. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 16%
- Median Days on Market
- 36 days
- Inventory YoY
- +11%
In a buyer's market, strategy beats timing. See how your home scores in Milwaukee-Waukesha, WI and what moves the number.
See my Sold Score & selling strategy →Prefer the data first? Get the monthly Milwaukee-Waukesha, WI briefing and watch the market before you list.
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Metro Demographics
ZIPs in Milwaukee-Waukesha, WI
53147
lake geneva
$549K
162 active · 59 DOM
53202
milwaukee
$425K
155 active · 53 DOM
53066
oconomowoc
$685K
154 active · 45 DOM
53051
menomonee falls
$518K
128 active · 38 DOM
53209
milwaukee
$169K
121 active · 34 DOM
53218
milwaukee
$158K
116 active · 38 DOM
53235
saint francis
$425K
105 active · 38 DOM
53188
waukesha
$500K
87 active · 33 DOM
53216
milwaukee
$175K
82 active · 38 DOM
53105
burlington
$449K
80 active · 36 DOM
53072
pewaukee
$560K
80 active · 40 DOM
53222
milwaukee
$272K
76 active · 30 DOM
53115
delavan
$399K
74 active · 51 DOM
53095
west bend
$430K
72 active · 36 DOM
53154
oak creek
$425K
70 active · 31 DOM
53223
milwaukee
$210K
69 active · 33 DOM
53219
milwaukee
$283K
69 active · 29 DOM
53132
franklin
$494K
68 active · 29 DOM
Sorted by active inventory · click a ZIP for its full report