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Wisconsin Watch partners with Gigafact to produce Fact Briefs — bite-sized fact checks of trending claims. Read our methodology to learn how we check claims.

No.

The median price of a Wisconsin home has increased significantly in the past few years, but it has not doubled.

Median means half the sale prices were higher and half were lower.

The latest full-year figures

2025: $325,000

2024: $310,000

2023: $285,000

2022: $265,000

The 2025 median was 23% higher than in 2022.

In each of the first three months of 2026, the median price was higher year-over-year compared with 2025.

The last time the median decreased was in 2011.

Experts say the COVID-19 pandemic and a 2022 interest rate spike in 2022 caused homeowners to postpone or cancel plans to sell. The smaller supply pushed prices higher.

Also, construction costs have risen and new home building has not kept pace with population increases.

In 2023, the Republican-led Legislature and Democratic Gov. Tony Evers allocated $500 million toward loan programs aimed at creating affordable housing.

This fact brief is responsive to conversations such as this one.

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Tom Kertscher joined Wisconsin Watch as a full-time Milwaukee-based reporter in October 2024 after starting as a freelance Fact Briefs reporter in January 2023. In addition to contributing to Wisconsin Watch’s collaboration with The Gigafact Project to combat online misinformation, he reports on Wisconsin policy, labor, energy and the rapid expansion of data centers across the state. Kertscher is a former longtime reporter at the Milwaukee Journal Sentinel, a contributing writer for Milwaukee Magazine and the author of two sports books, on Al McGuire and Brett Favre.