Wisconsin Real Estate

The housing market in Wisconsin remains strong, maintaining the sales volume of last year's record setting pace. Employment growth was steady in many areas of Wisconsin over the past year, as was personal income growth. Economic upturn in Wisconsin is becoming more widespread with the improvement in labor market conditions. Manufacturing is the state's largest industry, and Wisconsin is the leading producer of cheese, cranberries, and ginseng in the U.S.

Waterfront properties are in big demand, so lake markets are currently boasting some of the best home sales. Lake Geneva is a lake market in Wisconsin, located in the southeastern part of the state between Madison, Milwaukee, and Chicago. Lake Geneva is a popular tourist destination, but also has many year round residents. Lake Geneva offers a mix of contemporary lifestyle (with easy access to metropolitan areas in Wisconsin and Illinois) and vacation atmosphere with the many lakes and outdoor activities available. Lake Geneva is a very popular second home market for residents of Wisconsin and Illinois.

Door County, Wisconsin, is another region of Wisconsin that caters to second home and investment buyers. The median price of a single family home in Door County is $148,900, however single family homes on waterfront property of Green Bay currently cost about $600,000. Door County is a summer vacation paradise, with more state parks and miles of shoreline than any other county in the U.S. Condominiums are becoming popular in Door County because they generally offer lower prices than single family homes.