Wisconsin homes for sale remain expensive, rare

(The Center Square) – Wisconsin’s housing market is starting 2026 in the same place it ended 2025.

The latest Realtors Report shows houses became more expensive and harder to find in January.

“New listings fell significantly in January, leading to tighter inventory statewide. This resulted in fewer existing home sales and higher home prices relative to a year ago. Specifically, Wisconsin’s existing home sales fell 3.9% compared to January 2025, and the median price rose 7.9% over that same period to $315,000,” the Realtors wrote.

Wisconsin saw just 3,484 homes sold in January, and just 4,969 homes listed. The Realtors said those homes spent an average of 90 days on the market.

Wisconsin has faced a shortage of houses for sale for years, and 2026 is not looking to be any different.

One sign of hope, however, is that interest rates are falling.

“The spike in mortgage rates that began in 2022 saw rates topping out over 7%, and as a result, affordability fell to record-low levels. We really didn’t sta...