12/31/2024

N. WISCONSIN - Home prices in Wisconsin have risen much faster than incomes, according to recent findings from the Wisconsin Policy Forum.  The organization provides analysis of policy issues affecting local governments, school districts, and the state of Wisconsin.  U.S. Census Bureau data analysis showed that the median sales price of homes in Wisconsin increased by more than half (53.3%) in just five years, from $172,900 in 2017 to $265,000 in 2022.  During those years, the state’s median household income increased by only 19.7%. The state’s home price-to-income ratio reached 3.7 in 2022, its highest point in data extending back to 2007.