M
ilwaukee's housing market is bucking the national trend, showing remarkable resilience compared to other major US metro areas. According to a recent analysis by Redfin, Milwaukee has been the most stable market in terms of year-over-year changes. The analysis considered various metrics as of June 2025, including home sales, median sale price per square foot, and days on the market.

    Notably, Milwaukee's home sales have increased by 12% from 2024 to 2025, with a median price per square foot rise of 8.2%. The city's inventory has only seen a modest 3.2% increase. "Unlike much of the country, Milwaukee is not a buyer's market," says W.J. Eulberg, a Redfin Premier real estate agent in Milwaukee. "While homes are no longer selling for significantly over asking price, they still sell quickly due to an ongoing inventory shortage."

    The top US housing markets that have remained hot include:

    * Milwaukee

    * Chicago

    * Philadelphia

    * Minneapolis

    * New York

    * Cincinnati

    * Detroit

    * Newark, New Jersey

    * Pittsburgh

    * Virginia Beach, Virginia

    In contrast, the following markets have cooled down:

    * Las Vegas

    * Sacramento, California

    * Denver

    * Fort Lauderdale, Florida

    * Orlando, Florida

    * San Diego

    * Miami

    * Seattle

    * Washington, D.C.

    * Oakland, California