logo
Brief Publisher Logo
FACT BRIEF

Have Wisconsin housing prices increased nearly 30% since Joe Biden became president?

By Tom Kertscher
View this fact brief on Wisconsin Watch
Copy link
email
Copy featured image
email
YES

The median sale price of a Wisconsin house has trended upward under President Joe Biden.

Median refers to midpoint, meaning half of homes sold above the median price, half below.

Wisconsin Realtors Association figures show a 26% increase in the median price from January 2021, when Biden's term began, to January 2024 — $210,000 to $265,000; and a 28% increase from May 2021 to May 2024 — $246,832 to $315,500 — using the latest figures available.

At a June 18, 2024, rally for former President Donald Trump in Racine, Wisconsin, former Wisconsin Gov. Scott Walker suggested the increase was 50%. But that mixed time periods, comparing January 2021 with May 2024. Housing prices fluctuate throughout the year.

The nonpartisan Wisconsin Policy Forum reported in March 2024 that from 2017 to 2022, which overlaps the Trump and Biden presidencies, the median home price rose 53% in Wisconsin while the median household income rose 20%.

See a full discussion of this at Wisconsin Watch
This fact brief is responsive to conversations such as this one.
Sources
Wisconsin Realtors Association Wisconsin Housing Statistics
Google Docs Redfin brokerage median home sales prices
Wisconsin Policy Forum Home prices outpace incomes
Forbes Breaking News Scott Walker Speaks At Trump Wisconsin Rally
ABOUT THE CONTRIBUTOR
Wisconsin Watch
Wisconsin Watch, the news arm of the nonpartisan, nonprofit Wisconsin Center for Investigative Journalism, increases the quality and quantity of investigative reporting in Wisconsin, while training current and future investigative journalists. Its work fosters an informed citizenry and strengthens democracy.
FACT BRIEF BY
Brief Publisher Logo
Latest fact briefs from Wisconsin Watch
facebook
twitter
email
email
About fact briefs published on Gigafact
Fact briefs are short, credibly sourced summaries that offer “yes/no” answers in response to claims found online. They rely on publicly available, often primary source data and documents. Fact briefs are created by contributors to Gigafact —a nonprofit project looking to expand participation in fact-checking and protect the democratic process. See all fact briefs here.