Milwaukee-Waukesha, WI
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA purchase-only · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is milwaukee on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real +6.1%
nominal +6.1%
Five years
Five years real +24.5%
nominal +44.2%
Ten years
Ten years real +59.7%
nominal +108.8%
Twenty-five years
Twenty-five years real +56.8%
nominal +177.8%
Since 2000
Since 2000 real +67.1%
nominal +204.3%
2007 to 2012
crash, real −30.1%
2007Q2 to 2012Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 474.0 | 474.0 | real year on year +7.7% |
| 2025 Q4 | 440.2 | 440.2 | real year on year +6.0% |
| 2024 Q4 | 415.1 | 415.1 | real year on year +3.7% |
| 2023 Q4 | 388.9 | 400.4 | real year on year +3.3% |
| 2022 Q4 | 361.8 | 387.8 | real year on year +1.8% |
| 2021 Q4 | 329.0 | 380.9 | real year on year +5.9% |
| 2020 Q4 | 296.8 | 359.7 | real year on year +9.2% |
| 2019 Q4 | 268.6 | 329.6 | real year on year +4.2% |
| 2018 Q4 | 253.1 | 316.2 | real year on year +4.8% |
| 2017 Q4 | 235.7 | 301.6 | real year on year +1.5% |
| 2016 Q4 | 227.4 | 297.2 | real year on year +4.1% |
| 2015 Q4 | 215.8 | 285.6 | real year on year +3.5% |
| 2014 Q4 | 208.3 | 276.1 | real year on year +1.9% |
| 2013 Q4 | 201.1 | 270.8 | real year on year +4.1% |
| 2012 Q4 | 190.3 | 260.1 | real year on year −1.0% |
| 2011 Q4 | 188.4 | 262.8 | real year on year −9.1% |
| 2010 Q4 | 201.0 | 289.1 | real year on year −4.9% |
| 2009 Q4 | 208.0 | 304.2 | real year on year −3.0% |
| 2008 Q4 | 215.2 | 313.5 | real year on year −9.4% |
| 2007 Q4 | 228.7 | 346.0 | real year on year −3.8% |
| 2006 Q4 | 231.1 | 359.6 | real year on year −3.0% |
| 2005 Q4 | 230.9 | 370.9 | real year on year +2.7% |
| 2004 Q4 | 217.6 | 361.3 | real year on year +4.7% |
| 2003 Q4 | 202.3 | 345.0 | real year on year +5.8% |
| 2002 Q4 | 186.9 | 325.9 | real year on year +5.7% |
| 2001 Q4 | 174.0 | 308.3 | real year on year +4.2% |
| 2000 Q4 | 162.5 | 296.0 | real year on year +2.7% |
| 1999 Q4 | 153.1 | 288.2 | real year on year +3.4% |
| 1998 Q4 | 144.8 | 278.7 | real year on year +3.4% |
| 1997 Q4 | 137.9 | 269.5 | real year on year +1.0% |
| 1996 Q4 | 133.4 | 266.9 | real year on year −0.9% |
| 1995 Q4 | 130.8 | 269.3 | real year on year +0.6% |
| 1994 Q4 | 126.5 | 267.8 | real year on year +1.7% |
| 1993 Q4 | 121.3 | 263.4 | real year on year +4.5% |
| 1992 Q4 | 112.8 | 252.1 | real year on year +5.1% |
| 1991 Q4 | 104.1 | 239.9 | — |
2026 Q2474 · real 474real year on year +7.7%
2025 Q4440 · real 440real year on year +6.0%
2024 Q4415 · real 415real year on year +3.7%
2023 Q4389 · real 400real year on year +3.3%
2022 Q4362 · real 388real year on year +1.8%
2021 Q4329 · real 381real year on year +5.9%
2020 Q4297 · real 360real year on year +9.2%
2019 Q4269 · real 330real year on year +4.2%
2018 Q4253 · real 316real year on year +4.8%
2017 Q4236 · real 302real year on year +1.5%
2016 Q4227 · real 297real year on year +4.1%
2015 Q4216 · real 286real year on year +3.5%
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 33340. Real terms by the World Bank's US consumer price index, annual.