If you’re wondering what is the average price of a house in Milwaukee, Depending on the neighborhood and type of home, the answer in 2025 is between $230,000 and $250,000. Milwaukee is still one of the most affordable big cities in the Midwest, which makes it a great place for first-time buyers and investors.
Why Buy a House in Milwaukee?
- Compared to other U.S. cities, the housing market is affordable.
- There is a lot of demand for rentals because of job growth and institutions.
- Neighborhoods featuring a mix of old residences and new buildings
- Being close to Chicago while having a lower cost of living
Average Price of a House in Milwaukee by Area
East Side – Trendy & Urban Living
The East Side is popular with students and young professionals. Houses here average closer to $280K–$300K, reflecting demand and proximity to Lake Michigan.
Bay View – Growing Market with Character
Bay View’s historic charm and lively community have made it one of Milwaukee’s fastest-growing areas. Average home prices are around $260K–$280K.
Riverwest – Affordable with Investment Potential
Riverwest remains budget-friendly, with homes averaging $200K–$220K. It’s a favorite for first-time buyers looking for affordability close to downtown.
Wauwatosa & Suburbs – Higher but Family-Friendly
Wauwatosa and nearby suburbs offer larger single-family homes. Prices average $300K+, making them higher but desirable for families seeking schools and space.
What to Expect When Buying in Milwaukee
- Older residences with a lot of history (most were built before 1950)
- Affordable starter homes compared to the average in the US
- More and more businesses are opening up in attractive areas like Bay View.
- Possible increase in value as Milwaukee continues to improve
Tips for Home Buyers in Milwaukee
- Before you start looking, get pre-approved. The competition is getting tougher.
- Find a local agent who knows what’s going on in the area.
- If you want to make money in the long run, look for fixer-uppers in Riverwest and East Side.
- Look at property taxes, which are different in different neighborhoods and suburbs.
Final Thoughts
The average price of a house in Milwaukee in 2025 is between $230,000 and $250,000. Some neighborhoods, such East Side and Bay View, are become more popular, but there are still affordable homes in Riverwest and nearby suburbs. This makes Milwaukee an excellent place for buyers on a budget.
Get in touch with me
Want to buy a house in Milwaukee? I can assist you find the best property at the best price.
- Call: +17788520679
- Email: support@myhavens.us
- Go to: 1603 Capitol Ave, Cheyenne, WY 82001
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