Milwaukee Metro housing market update for February 2026: The market stayed steady with modest gains. Months of supply rose to 2.8 (up 10.3% y-o-y), while the median sales price reached $343,500 (+1% y-o-y) and the average sales price hit $408,238 (+1.9% y-o-y). Active listings increased 12.1% to 2,385, closed sales edged up 1.7% to 848, pending sales jumped 9.6% to 445, and median days on market rose to 38 (+8.6% y-o-y). Overall, inventory is growing modestly while prices continue their gradual climb in the four-county area. Still a relatively balanced but seller-friendly environment. Data: METRO MLS
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Metro MLS Update: January 2026 featured a market with rising prices & improving inventory, but slightly slower sales activity. Median + average sales prices were up year over year & active listings increased. Closed sales declined compared to last year, while pending sales & days on market both saw modest increases, signaling steady buyer demand with more options available. #Milwaukee #Waukesha
U.S. homeowner equity: $36 trillion
Almost 3x the 2006 peak.
If you’re wondering why:
• Sellers won’t sell
• Buyers can’t buy
• Transactions are dead
This is the reason.