Despite rising incomes, a 50% jump in Wisconsin home prices poses big challenge for buyers

It`s become much harder for middle-class Wisconsin residents to buy a home in the past several years, according to a new report from the Wisconsin Policy Forum.

In just five years, the median home sale price in Wisconsin rose by more than 50%, according to the report, which examined how housing costs changed between 2017 and 2022. 

Wisconsin`s home prices have been deemed a crisis by state leaders, who are scrambling to encourage more home construction across the state.

The Wisconsin Policy Forum report breaks down which parts of the housing market are facing the biggest crisis, analyzing home prices and rents by county...