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Real Estate

How much more expensive is buying a home now vs. 5 years ago in Wisconsin?

Katherine Langford
Editor-in-Chief · Thursday, October 22, 2026 at 12:50 AM · 1 min read
How much more expensive is buying a home now vs. 5 years ago in Wisconsin? — FOX 6 Milwaukee, Ross Real Estate news
Image: FOX 6 Milwaukee

Purchasing a home is never cheap, but if you feel like becoming a homeowner is more expensive than in the past, you're right.A new study from MoneyLion set out to compare how much more it costs to buy a home in 2026 than it did five years ago in 2021.Buying a home in Wisconsin in 2026 vs. 2021To compare the difference between now and five years ago, MoneyLion looked at data that showed average home values, mortgage costs and the salary needed to afford a typical single-family home in each state across the U.S. in both 2021 and 2026.What they found was that the average mortgage rate had jumped from 2.77% to 7.28% on average in the U.S. It also revealed that the average salary needed to afford a home in 2026 was 69% higher than it was in 2021.In Wisconsin, MoneyLion found that the average home was now $82,785 more expensive in 2026 versus 2021, a 31.7% increase.The study also found that Wisconsin homeowners now spend $13,108 more each year on their mortgage on average.To afford this, Wis

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