MADISON, Wis. (WKOW)— The Wisconsin REALTORS® Association (WRA) has released its August 2025 Real Estate Report, revealing a slight increase in existing home sales by 1.8% compared to August 2024. The statewide median home price rose 5.3% to $338,000.

Affordability remained almost unchanged, decreasing just 0.1% since August 2024 as rising prices and mortgage rates offset a 4.8% increase in median family income.

WRA President and CEO Tom Larson said several indicators suggest a softening market, which could benefit first-time buyers.

“Improving inventory, moderating price appreciation and increasing days on the market are signs that the strong seller’s markets we’ve seen over the last few years continue to soften,” Larson said. “This is welcomed news for young families still struggling

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