April 15, 2024 8:05 pm
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Local News

WI House Prices Increase, But Remain Lower Than National Prices


Staff Writer

In May 2023, home prices in the United States decreased by 3.4 percent compared to last year to a median price of $418,387, according to data from Redfin. However, the number of homes sold has continued to decrease, as 495,875 homes were sold in May this year, compared to 591,804 homes sold in May last year, a 16.2 percent decrease.

Here in Wisconsin, home prices increased by 6.0 percent compared to last year, with a median selling price of $297,100. The number of homes sold decreased by 20.9 percent, as 5,583 homes were sold in May this year, compared to 7,054 sold last year. 
The full housing report can be found here.

WI utilities make union jobs a priority for green projects

With the help of federal aid, Wisconsin is catching up to neighboring states in accelerating clean energy construction projects and the Badger State is taking things a step further by giving union workers greater access to these job opportunities.