Wisconsin recorded 3,484 existing home sales in January, a 3.9% decline from the 3,625 transactions recorded one year earlier.
According to data from the Wisconsin Realtors Association (WRA), the slowdown in sales was fueled by the 11.3% year-over-year decline in new listings. By the end of January, there were 16,946 total listings, down 1.7% from the 17,242 total listings recorded one year earlier. January’s 2.9 months of available inventory was well below the six-month mark that the WRA defined as a balanced market.
While sales and listings were down, home prices were up. The statewide median home price of $315,000 was 7.9% above the $292,000 price from January 2025.
Amy Curler, 2026 chairperson of the WRA board of directors, observed, “Total listings grew on an annual basis for 28 straight months before declining in January. We suspect this is just a temporary deviation from the trend, and we’re cautiously optimistic that the spring and summer markets will see growing inventories.”
Photo: RoyalBroil / Wikimedia Commons
