(The Center Square) – Another month of rising prices is not scaring people away from buying a house in Wisconsin.
Wisconsin Realtors released their housing report for September, showing prices are up almost 9% over September of last year.
“Both statewide existing home sales and prices rose by solid margins in September. Compared to September 2024, closings increased 6.9%, and median prices rose 8.7% to $337,000,” the report stated.
That $337,000 median price is actually slightly lower than the median price in August. The association said the median price tag was $338,000 to close out the summer.
The association said there are more homes for sale and more homes selling compared to this time last year. But the September report notes that sales since January have been a bit more sluggish.
“On a year-to-date basis, the growth was more modest, with sales up 2% relative to the first nine months of 2024, and median prices up 5.2% to $326,000 over that same period,” the report stated. “We’re still in a seller’s market with just four months of supply statewide,
but it’s good to see our listings continue to improve. Higher inventories should help drive sales growth and moderate prices in the months ahead,” Realtors board chair Chris DeVincentis said in a statement.
Once again, prices and sales are regional, and the Madison and Milwaukee areas drove both.
The median price for a home in south central Wisconsin, including Madison and Dane County, continues to be the highest at $389,900. Southeast Wisconsin comes in second with a $350,000 median price tag.
Southeast Wisconsin led the state in sales. Thirty-four percent of the homes sold in September of 2025 were sold in southeast Wisconsin.
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Northeast Wisconsin saw the second most sales, with 21% of closings in. September. South central Wisconsin saw just over 18% of sales in September.
“We’ve seen some nice improvements in the 30-year fixed mortgage rate over the past couple of months, and it was good to see rates finally fall below 6.5% in September. Hopefully these rate improvements continue for the remainder of this year and into 2026,” Realtors CEO Tom Larson said in a statement.
