Compare: Milwaukee vs Chicago
Home Values in Milwaukee and Chicago
|Zillow Home Value IndexWhat's this?||$90,200||vs||$166,000|
|Median List Price||$100,000||vs||$228,000|
|Median Sale Price||$110,700||vs||$267,300|
|Total Homes Sold in Oct||622 homes||vs||3708 homes|
Milwaukee, WI tends to be less expensive for home buyers than Chicago, IL. During the last year, Milwaukee home values have risen by 4.6%, while Chicago home values have risen by 3.4%. The median sale price in Milwaukee is $110,700, but the median listing price was $100,000, a 10.7% increase. Meanwhile in Chicago, the median selling price is $267,300, and the starting price had a median of $228,000, a 17.2% increase. In October, Milwaukee home sellers managed to move 622 houses, while Chicago saw 3708 transactions.
Demographics in Milwaukee and Chicago
|Median Household Income||$32,216||vs||$38,625|
|Homes with Kids||24.4%||vs||28.5%|
|Average Household Size||2.5||vs||2.7|
|Average Commute Time (Minutes)||24||vs||35|
At $38,625, the median income in Chicago is $6,409 more than in Milwaukee, and $5,887 lower than the national average. Milwaukee has an older median age, at 33, compared to 33 in Chicago, and a shorter average commute. The average commute in Chicago is 35 minutes and the average commute in Milwaukee is 24 minutes.
Homes for Sale in Milwaukee and Chicago
Milwaukee vs Chicago