Wisconsin Real Estate Report – October 2021

November 22, 2021

2021 is quickly coming to a close. Here’s how the real estate market is looking as we approach 2022. In October 2021 there were 8,524 homes sold, which was a decrease of 12.3% compared to October 2020. Statewide listings were down 7.2% to 23,446 while the median single-family home price rose 7.5% to $245,000. Homes continue to sell quicker including this last October. On average, homes are on the market for 68 days, which is 18.1% less time than October of 2020.

Median housing prices have grown compared to last year but at a more modest pace compared to earlier in the year, which is good for buyers. “This moderation in appreciation rates has helped to keep Wisconsin housing relatively affordable, even in a strong seller’s market” according to Michael Theo, President & CEO, Wisconsin REALTORS® Association.

Source data provided by the WRA

Curious about the value of your home?

Try out our Automatic Valuation Tool

You can get 3 instant home valuations just by entering your address at FirstWeber.com. Then, contact your agent to talk it over for their opinion.

First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Central Wisconsin, Southwest WI, Western WI, parts of MN, Michigan’s U.P., Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com


Subscribe via email for blog updates