54Alpha

Milwaukee, WI metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Milwaukee, WI metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-9.572
Inventory Health25%
+12.547
Affordability20%
No data
50
Economic Strength20%
No data
50
Rental Yield15%
No data
50

Where is Milwaukee, WI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Milwaukee, WI metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Milwaukee, WI metro area housing market data

MetricValueYoY
Median Sale Price$353K▲ +0.7%
Median Days on Market44 days▲ +15.5%
Months of Supply2.4▲ +20.9%
Homes for Sale3,443-3.6%
Homes Sold1,523-13%
Median Price / Sq Ft$211▲ +0.1%
Sale-to-List Ratio100.2%-1.6%

How has Milwaukee, WI metro area’s Alpha Score moved?

Now: 54
3-period trend
Median sale price · 12 mo

Markets like Milwaukee, WI metro area

Frequently asked questions

Is Milwaukee, WI metro area a buyer's or seller's market?

As of May 2026, Milwaukee, WI metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Milwaukee, WI metro area?

The median sale price in Milwaukee, WI metro area is $353K, having risen 0.7% over the past year.

How affordable is Milwaukee, WI metro area?

Milwaukee, WI metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Milwaukee, WI metro area's Alpha Score?

Milwaukee, WI metro area's strongest dimension is Price Momentum (72/100) and its weakest is Inventory Health (47/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Milwaukee, WI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.