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Study Finds Home Prices in Midwest Rising Rapidly Amid Bidding Wars

Median home sale prices in Milwaukee, Detroit, and Cleveland have increased the fastest.
Study Finds Home Prices in Midwest Rising Rapidly Amid Bidding Wars
An aerial photo of homes near the Chesapeake Bay in Centreville, Md., on March 4, 2024. Jim Watson/AFP via Getty Images
Juliette Fairley
Juliette Fairley
Freelance reporter
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The cost of buying a home is rising swiftly in three Midwestern towns, due to a housing shortage that is triggering bidding wars, according to a new report.

Real estate broker firm Redfin found that the median home sale price in Milwaukee increased by 20 percent year over year in February to $330,000, followed by Detroit at 12.5 percent and Cleveland at 10 percent.
Juliette Fairley
Juliette Fairley
Freelance reporter
Juliette Fairley is a freelance reporter for The Epoch Times and NTD and a graduate of Columbia University’s Graduate School of Journalism. Born in Chateauroux, France, and raised outside of Lackland Air Force Base in Texas, Juliette is a well-adjusted military brat. She has written for many publications across the country. Send Juliette story ideas at [email protected]