Wisconsin Housing Stats: April 2022
Recent Spike in Mortgage Rates Lowers Statewide Affordability
- Low inventories in April hindered sales.
- Year-to-date sales were down 7.3% compared to 2021.
- Statewide home affordability decreased by 27%.
- Days on the market fell 18% over the past 12 months.
- The 30-year fixed mortgage rate accelerated in April.
[source: Wisconsin Realtors Association]
$357,068 - The New Average Sales Price
