Houses Becoming More Affordable, Wisconsin Realtors Association Says
Posted on June 23, 2025 by Brian Dake - News of the Day
Housing affordability and the number of houses available increased slightly, according to the latest Wisconsin Realtors Association report.
The report says affordability improved by 5.1% from May 2024 to May 2025. Year-to-date home sales were down 2.7% compared to 2024. The median price rose 6.8% to $315,000.
“Median family income increased 7% since May of last year. This increase, combined with a slight improvement in the 30-year mortgage rate and moderately lower price appreciation over the last year, led to a slight improvement in affordability,” WRA president/CEO Tom Larson said in a news release. “Hopefully these trends continue and will help first-time buyers achieve the goal of homeownership.”