June 2024: Housing Affordability: A Long-Term Analysis

A recent Forbes headline asked the question: When will home prices be affordable again? It’s a fair question to ask in light of recent sales data from the Wisconsin Realtors Association that show the median price of a home sold in Wisconsin increased 44% from $197,833 in 2019 to $285,000 in 2023. The national price increase was similar at 45%, but the 2023 median sales price was significantly higher ($394,100)

Read the full June 2024 Wisconsin Counties article here.