The Downtown Milwaukee housing market is somewhat competitive. The median sale price of a home in Downtown Milwaukee was $310K last month, down 23.9% since last year. The median sale price per square foot in Downtown Milwaukee is $325, up 5.7% since last year.
What is the housing market like in Downtown Milwaukee today?
In April 2024, Downtown Milwaukee home prices were down 23.9% compared to last year, selling for a median price of $310K. On average, homes in Downtown Milwaukee sell after 46 days on the market compared to 63 days last year. There were 44 homes sold in April this year, up from 44 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$310,025
-23.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Milwaukee, WI
$310,025
-23.9%
United States
To compare other locations to the Downtown Milwaukee and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Milwaukee add value to a home.
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How hot is the Downtown Milwaukee housing market?
Downtown Milwaukee is somewhat competitive. Homes sell in 42 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 42 days.
Hot homes
can sell for about 3% above list price and go pending in around 31 days.
Learn about schools in the Downtown Milwaukee area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Milwaukee housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Milwaukee.
Risk Factor
Flood Factor - Major
48% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Milwaukee has a major risk of flooding. 327 properties in Downtown Milwaukee are likely to be
severely affected
by flooding over the next 30 years. This represents 48% of all properties in Downtown Milwaukee. Flood risk is increasing slower than the national average.
Downtown Milwaukee has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Milwaukee has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Downtown Milwaukee has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Milwaukee have a Minor Heat Factor®.
Downtown Milwaukee is expected to see a 85% increase in the number of days over 97ºF over the next 30 years. Downtown Milwaukee is expected to experience 7