Report: Moderated Housing Market Performance for December and 2025

Madison, Wis. – The Wisconsin REALTORS® Association released its December 2025 Real Estate Report today, showing Wisconsin’s housing market closed 2025 with moderate growth. December existing home sales rose 4.4% year over year, with the median price increasing 2.5% to $312,750. For the full year, sales were 2% higher than in 2024, and the median price rose 4.8% to $325,000. Wisconsin remained in a strong seller’s market, as new listings were down 5.9% and months of supply fell to 3.3%. To reach a balanced market, total listings would need to increase 107%. Every region saw annual growth in sales and price, led by the North region. The 30-year fixed mortgage rate fell about 0.5%, supporting a 1.5% rise in the Wisconsin Affordability Index.

READ THE FULL REPORT HERE

Amy Curler, 2026 Chair of the Board of Directors, Wisconsin REALTORS® Association, stated, “It’s good to see a second straight year of improved sales in the Wisconsin housing market, and the moderation of price appreciation to a more sustainable level below 5% is also a welcome sign.”

Tom Larson, President & CEO, Wisconsin REALTORS® Association, highlighted that, “Now that we’ve closed out 2025, it’s clear that mortgage rates have consistently moved downward since peaking at nearly 7% just 11 months ago in January. Hopefully, this trend continues into 2026 and combines with moderate sustainable price appreciation and income growth to improve the affordability of Wisconsin homes.”

Dave Clark, Professor Emeritus of Economics and Wisconsin REALTORS® Association Consultant, noted that, “Home sale prices follow a regular seasonal pattern, with prices on closed homes consistently rising in the summer and falling in slower winter months. Statisticians have developed techniques to isolate and quantify the role that seasons play on data that varies systematically over the course of a year. When applied to Wisconsin housing prices between January 2005 and December 2025, these so-called ‘seasonal adjustment’ techniques confirm that homes selling between December and February are discounted about 5.9% on average, and there is an average premium of about 6.4% applied to homes selling in the peak summer months of June, July and August.”

REPORT HIGHLIGHTS:

• December existing home sales increased 4.4% year over year, while the median price rose 2.5% to $312,750, an impressive performance given December 2024 saw double-digit growth in both sales and prices compared to the previous December.
• The 2025 housing market showed moderate growth with existing sales 2% higher than 2024 totals, and the median price increased 4.8% to $325,000.
• While total listings increased slightly over the past year, new listings declined 5.9% and months of available inventory dropped 3.3% compared to December 2024, keeping Wisconsin in a strong seller’s market. To achieve a balanced market with six months of supply, total listings would need to increase by 107%.
• Every region of the state showed annual growth in sales and median prices for 2025 compared to 2024. Sales growth was strongest in the North (+6.7%), followed by the Northeast (+3.7%) and West (+3%), with more modest increases in the South Central region (+1.6%) and Central and Southeast regions (+1%). Median prices rose between 5.6% and 7% in four regions and between 2% and 4.1% in the remaining Central and West regions.
• The 30-year fixed mortgage rate fell about one-half percent to 6.19% over the last 12 months, helping the Wisconsin Housing Affordability Index rise 1.5%

READ THE FULL REPORT HERE

About the WRA
The Wisconsin REALTORS® Association (WRA) is one of the largest trade associations in the state, headquartered in Madison, Wis. The WRA represents and provides services to more than 17,500 members statewide, made up of real estate sales agents, brokers, developers, appraisers, inspectors, bankers and other professionals who touch real estate. The WRA is under the direction of a statewide board of directors, comprised of members from the top real estate firms around the state.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.