Housing affordability declined in Wisconsin over 2024

EAU CLAIRE (WQOW) - The Wisconsin Realtors Association released their final real estate report for 2024, and it remains a tough market for home buyers across the state.

December saw an increase in closings compared to 2023, but prices continued to rise. The median price for a home went up 8.8% from 2023 up to $310,000.

Wisconsin also saw a 10% decline in the overall affordability of housing, which factors in mortgage rates, median home price, and median family income.

David Clark, a consultant with the Wisconsin Realtors Association, said that decline was driven mostly by the increase in prices...

December 2024 Home Sales Report

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Wisconsin housing prices continued to increase in 2024 (video)

Housing report finds homes were less affordable in 2024 but sales were up

Affordability is down: What Wisconsin home buyers can do to navigate the housing market

Green Bay, Fox Cities, lakeshore area home sales, prices increase to end 2024: 7 takeaways

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Ken Notes: Clearly the "big story" but few working hard on solutions...