The Wisconsin REALTORS® Association (WRA) released its December 2025 Home Sales Report on January 22, 2026, showing continued growth in home sales and prices across the state while inventory remained constrained.
According to the report’s “December 2025 at a glance” summary, existing home sales rose 4.4% in December 2025 compared to December 2024, and the median price increased 2.5% to $312,750. The report noted that this performance was “especially impressive because December 2024 was a very strong month” in terms of sales and price gains.
“Now that we’ve closed out 2025, it’s clear that mortgage rates have consistently moved downward since peaking at nearly 7% just 11 months ago in January,” said Tom Larson, President & CEO of the Wisconsin REALTORS® Association. “Hopefully this trend continues into 2026 and combines with moderate sustainable price appreciation and income growth to improve the affordability of Wisconsin homes.”
For the full year, the report said existing home sales in 2025 were 2% higher than 2024 totals, and the median price was up 4.8% to $325,000.
While total listings “grew slightly over the last 12 months,” new listings were down 5.9%, and months of available inventory dropped 3.3% compared to December 2024, the association reported. The document stated housing conditions in Wisconsin continued to reflect “a strong seller’s market statewide,” with total listings needing to more than double (an increase of 107%) to reach a balanced market of six months of supply.
The report also included regional details. It said every region of the state showed annual growth in sales and median prices in 2025 compared to a year earlier. Among the regions, sales growth was strongest in the North (up 6.7%), while other regions including the Northeast (up 3.7%), West (up 3%), South Central (up 1.6%), and Central and Southeast (both up less than 1%) also recorded gains.
On price appreciation, the association noted that four regions — the Northeast, Southeast, North and South Central — saw annual median price increases between 5.6% and 7%. In the Central and West regions, the report said price appreciation was more moderate, ranging between 2% and 4.1%.
The WRA report further observed that the 30-year fixed mortgage rate had fallen about one-half percent over the past year to 6.19%, which contributed to a slight increase — **1.5% — in the Wisconsin Housing Affordability Index over that same period.
