Wisconsin real estate market update for 2014

January 20, 2015

Wisconsin real estate sales in 2014 fell slightly, by 1.5%, yet median prices also continued to grow at a steady rate, up 3.1%.  “Despite a slow start due to harsh winter weather early in the year, 2014 rebounded nicely and ended with an excellent December and a very good final quarter of the year,” said Dan Kruse, WRA board chairman

“A 3.1 percent price increase over the year is good news,”  said WRA President and CEO Michael Theo. “For three years in a row, home prices have kept with inflation without seriously impacting housing affordability.”

Regionally, here the real estate sales recap comparing  sales and prices in 2014 vs 2013: (Source WRA)

Southeast Wisconsin/Metro Milwaukee real estate statistics

(includes Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha Counties)

24,557 homes sold in Southeast Wisconsin in 2014, 3.1% decrease from last year.  Median sales prices up 6.6%.

South Central/Southwestern Wisconsin area real estate statistics

(includes Columbia, Crawford, Dane, Dodge, Grant, Green, Iowa, Jefferson, Lafayette, Richland, Rock and Sauk counties )

14,124  homes sold in South Central Wisconsin  in 2014,  down 2.3%  from  last year. Median sales price up 1.5%.

Northeast Wisconsin area real estate statistics

(includes Brown, Calumet, Door, Fond du Lac, Green Lake, Kewaunee, Manitowoc, Marinetter, Menominee, Oconto, Outagamie, Shawano, Waupaca and Winnebago counties )

12,263 homes sold in Northeast Wisconsin  in 2014,  up .5%  from last year. Median sales price up 3.9%

Central Wisconsin area real estate statistics

(includes Adams, Clark, Juneau, Marathon, Marquette, Portage, Waushara and Wood counties )

4,260 homes sold in Central Wisconsin  in 2014,  even with last year. Median sales price down 1.1%.

Northwoods Wisconsin real estate statistics

(includes Ashland, Barron, Bayfield, Burnett, Douglas, Florence, Forest, Iron, Langlade, Lincoln, Oneida, Polk, Price, Rusk, Sawyer, Taylor, Vilas and Washburn counties )

6,321 homes sold in  Northwoods Wisconsin  in  2014,  up 1.1% from  last year at this time. Median sales price up 3.8%.


These numbers from The Wisconsin Realtors Association paint a general picture of the state of real estate in Wisconsin.  To see the details of your community or even your neighborhood, connect with a First Weber real estate agent for a free consultation or discussion. They are happy to share local data with you.

To see Wisconsin real estate for sale, please visit firstweber.com and download our free real estate apps.

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First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Central Wisconsin, Northeast Wisconsin andWisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com

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