July 2026 Southeast Wisconsin Housing Market: County-by-County Numbers

Metro MLS released its July 2026 numbers, and unlike the statewide report, these break down county by county — which means we can look directly at the markets where our buyers and sellers actually live. Here’s what the data shows for Racine, Kenosha, Walworth, and Waukesha counties, and what it means if you’re buying or selling in Burlington, Waterford, Lake Geneva, Union Grove, or anywhere else in our service area.

The County-by-County Numbers

• Across the four-county Milwaukee metro area, new listings rose 16.3% year over year, closed sales increased 8.3%, and pending sales climbed 12.6%. The median sales price reached $400,000, up 5% from July 2025, with homes selling in an average of 19 days and inventory up 10.8% to 3,319 homes — about 2.0 months of supply.
• Racine County: the median sale price jumped 12.2% to $340,000, and closed sales rose 14.0%. Homes sold in an average of 17 days — down from 21 a year ago.
• Kenosha County: the median climbed 13.6% year over year to $375,000, closed sales were up 18.5%, and homes averaged just 19 days on the market.
• Walworth County: the median sale price held essentially flat at $421,500, while closed sales dipped 4.8% and new listings slipped 3.9%. Homes there took 48 days to sell on average — a noticeably slower, more negotiable pace than its neighbors.
• Waukesha County: the median eased 4.8% to $500,000 even as new listings surged 14.2% and closed sales rose 6.2%, with homes selling in just 19 days.

What This Means If You’re Buying

In Racine and Kenosha counties, homes are still moving fast — under three weeks on average — and prices climbed double digits again in July. If you’re shopping there, get pre-approved before you tour and expect to move quickly on new listings. The upside is that Kenosha’s new listings are up modestly and Racine’s inventory grew as well, so you’ll have a bit more to choose from than a year ago, even if the pace hasn’t slowed.

Walworth County is telling a different story this month — prices are flat, closed sales dipped, and homes are averaging 48 days on market. If Racine or Kenosha pricing is stretching your budget, it’s worth widening the search toward Elkhorn, Delavan, or Lake Geneva, where sellers have more incentive to negotiate. Waukesha County is a bit of a mix: more homes to choose from and a slightly lower median, but they’re still selling in under three weeks.

What This Means If You’re Selling

If you’re in Racine or Kenosha County, July was another strong month — double-digit price growth and homes selling in under three weeks. The same rule applies every month, though: those numbers belong to homes priced right from day one. Overpriced listings are the ones still sitting while everything around them sells.

In Walworth County, plan for a longer runway — 48 days on market is the average, and closed sales were down slightly from last July, so buyers there have more leverage than they did earlier this year. In Waukesha County, the median easing to $500,000 alongside a 14.2% jump in new listings suggests sellers should lean on strong presentation and realistic pricing rather than counting on last year’s numbers to repeat.

The Bigger Picture

The stat that stands out regionally is pending sales up 12.6% alongside inventory up 10.8% — both supply and demand are growing together, which is a healthier balance than a market where one outpaces the other. That combination is showing up differently county by county: Racine and Kenosha are still tight and competitive, while Walworth and, to a lesser extent, Waukesha are giving buyers a little more room to breathe. For most of our service area, August is shaping up to look a lot like July — busy, but not frantic.

Want this broken down for your specific situation? Contact us and we’ll walk through what these numbers mean for your neighborhood, your budget, and your timeline.

Source: Metro MLS, July 2026 Monthly Local Market Reports.