Wisconsin's housing market saw sales and median home prices rise in 2024, but affordability dropped.

Wisconsin's housing market saw a 5% increase in sales and a 9% rise in median home prices to $310,000 in 2024, according to the Wisconsin Realtors Association. Despite the growth, housing affordability dropped by 10% due to high mortgage rates, rising home prices, and stagnant incomes. The market remains strong for sellers, with a shortage of homes and high demand, particularly affecting millennials.

2 months ago
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