June 2026 Home Sales Report
Both Home Sales and Prices Increase at Midpoint of 2026
Date: July 23, 2026
June 2026 at a glance
Halfway through 2026, both existing home sales and median prices are up for the month of June as well as year to date. June home sales rose 5.9% compared to June 2025, and the statewide median price was also up 5.9% over that same 12-month period, rising to $360,000. Year-to-date home sales rose 3.7%, and the median price increased 6.3% to $340,000 relative to the first six months of 2025.
While months of inventory were unchanged from June 2025 at 4.2 months, which is below the six-month point that signals a balanced existing home market, listings were up. Specifically, new listings rose 4.8%, and total listings were 3.3% over the last 12 months.
Housing affordability fell 1.7% over the last year, as rising home prices offset the modest reduction in mortgage rates and very weak growth in median family income.
This continues to be a challenging market for first-time buyers. A review of listings by price range over the past five years reveals that the share of listed homes available for under $350,000 fell from 68.9% of all listings in June 2021 to just 46.2% in June 2025. When considering the percentage of listings under $200,000, the share fell from 36.1% in June 2021 to just 16.4% in June 2026.
Homes sold faster in June 2026 than they did in June 2025, with the statewide average days on the market falling to just 66 days, a 4.3% decrease from a year earlier. Except for the Central region, which was unchanged from last year, all other regions saw a reduction in days-on-the-market. Most reductions were in the range of 1.5% to 3.9%, but the West region declined 10.5% over the last 12 months.
Although the 30-year fixed mortgage rate has trended upward since February, rising just under a half percent, it was still 33 basis points lower than this time last year.
Additional analysis
More Listings Translate into More Sales
“Although months of inventory remained static, there were more new listings of homes on the market, which resulted in more total listings than last year. This led to a solid increase in sales for the month of June.”
Amy Curler, 2026 Chair of the Board of Directors, Wisconsin REALTORS® Association
Solid First Half for Housing
“In a typical year, June is the strongest month for closings, so it was good to see a healthy bounce in June sales, which led to a solid first half for the year. While affordability remains a challenge for first-time buyers, higher inventory helps grow sales and also helps moderate price appreciation. Hopefully these trends continue throughout the second half of 2026.”
Tom Larson, President & CEO, Wisconsin REALTORS® Association
Declining Inventories for Starter Homes
“The WRA has tracked listings of existing homes by price range since 2007. Focusing on the most recent five-year period, the median price has increased 40.6% between June 2021 and June 2026, which translates into an annual appreciation rate of 6.8%. Although total listings are up 4.1% over the last five years, the total number of listings below $350,000 is down by 33.2%. Inventory is expected to increase as baby boomers continue to transition out of single-family detached homes. The reality is that the share of homes under $200,000 now accounts for only about 15% of listings, and that percentage will continue to decline over time.”
Dave Clark, Professor Emeritus of Economics and WRA Consultant
About the WRA
The Wisconsin REALTORS® Association is one of the largest trade associations in the state, representing over 17,500 real estate brokers, salespeople and affiliates statewide. All county figures on sales volume and median prices are compiled by the Wisconsin REALTORS® Association and are not seasonally adjusted. Median prices are only computed if the county recorded at least 10 home sales in the quarter. All data collected by the WRA is subject to revision if more complete data becomes available. Beginning in June 2018, all historical sales volume and median price data from 2015 forward at the county level have been re-benchmarked using the Relitix system that accesses MLS data directly and in real-time. Data prior to January 2015 is derived from the Techmark system that also accessed MLS data directly. The Wisconsin Housing Affordability Index is updated monthly with the most recent data on median housing prices, mortgage rates and estimated median family income data for Wisconsin. Data on state foreclosure activity is compiled by Dr. Russ Kashian at the University of Wisconsin-Whitewater.
Note that the WRA employs a slightly different protocol to determine inventory levels than the protocol used by the REALTORS® Association of South Central Wisconsin (RASCW). For consistency, the summary tables for the South Central region reported in the WRA release employ the WRA approach. However, a modified table employing the RASCW methodology is available from the WRA upon request.