Median home prices in state continue to rise as inventory remains tight
Median home prices in Wisconsin continue to rise as tight inventory has made it a seller’s market in some parts of the state.
In May, the median home price was $174,500 in Wisconsin, a 5.8 percent increase over the same period last year, according to the Wisconsin Realtors Association. In southeastern Wisconsin, the median price rose to $182,750, a 4.4 percent increase over last year.
The sharpest increase in the region was in Sheboygan County, where home prices were up 21.8 percent in May over the same time last year. The median home price in Sheboygan County is $146,200.