The Wisconsin REALTORS Association (WRA) on Thursday released its June 2025 Wisconsin Real Estate Report, which showed that existing home sales increased 8.1% over June 2024 — the first year-over-year increase in June sales in four years.
Five of Wisconsin’s six regions saw improvement in months of supply compared to June 2024, with the strongest improvement seen in the less urban areas of the state.
The north region was up 17.6% to six months of supply, indicating a balanced market in that region.
The central region rose 15.4% to 4.5 months, and the west region was up 4.9% to 4.3 months of supply.
The south Central region was unchanged at four months of supply, and the remaining northeast and southeast regions saw modest improvement but remained below four months of supply.
The statewide inventory picture has improved. New listings rose 5% in June compared to that same month last year. Total listings also rose 4.7% to just over 22,000 homes on the market, and months of available supply increased 8.1% to four months of supply.
All urban classifications saw improvement in months of supply. Metropolitan counties with large cities as well as micropolitan counties with smaller cities and towns remained strong seller’s markets, with just 3.5 and 4.2 months of supply, respectively.
However, rural counties improved to 5.2 months of supply in June 2025, which is close to the four-month benchmark.
Affordability improved 2.6% over the past 12 months but remains low by historical standards.
The Wisconsin Housing Affordability Index measures the percent of the median-priced home that a buyer with median family income qualifies to purchase, assuming 20% down and the remaining balance financed with a 30- year fixed mortgage at current rates.
The index value was 120 in June 2025. The WRA has tracked affordability since 2009, and the lowest value for the index was 116, recorded in June 2024.
The full report is available here.
