Milwaukee Housing Facts

The condition of the Milwaukee area housing market is stable, according to MGIC, the Milwaukee based mortgage insurance company. Home prices appreciated at 2% and the median sales price is just over $224,000 the April report said. Milwaukee ranked 49th nationally in terms of foreclosure activity in 2007. The short term projection for the market is no change. There is currently a 10 month supply of homes on the market, it said.