The Wisconsin REALTORS® Association (WRA) released its October 2025 Wisconsin Real Estate Report last Thursday, revealing that for the fifth straight month, both existing home sales and median prices increased statewide relative to October 2024.
Existing home sales in Wisconsin rose 3.4% in October compared to last year, with the median price increasing 6.9% to $331,500. Year-to-date sales are up 2.4%.
Total listings rose 1.7% compared to last October, signaling a modest improvement in housing supply. Despite this, the market remains tilted towards sellers with just 3.9 months of inventory, below the six-month benchmark for balance.
The average 30-year fixed mortgage rate declined to 6.43%, continuing on a downward trajectory over the past 12 months.
Homes were on the market an average of 71 days, up 4.4% from last year.