WAUWATOSA, Wis. — If you’re thinking about buying or selling a home in Milwaukee or nearby, it’s important to understand the current market trends, because right now, things are a bit mixed.

According to the Wisconsin REALTORS® Association, home sales in Milwaukee and across the state were down more than 9% in April compared to last year. However, sales have actually increased compared to earlier months in 2025, signaling a recent pickup after a slow start to the year.

Prices are still on the rise, climbing more than 6% compared to last April. The main reason? Inventory remains very low, which keeps the market tilted in favor of sellers.

Mortgage rates hovering around 7% have buyers proceeding cautiously, creating a sort of stalemate — homes only sell if they’re priced right. Destinee T

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