How much house does $500,000 buy you in Milwaukee?
      
    Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Milwaukee?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Milwaukee right now. Listings below $500,000 were included if necessary.
2734 N Murray Ave,  Milwaukee,  WI 53211
- Price: $499,900
- 8 bedrooms, 2 bathrooms
- Square feet: 3,092
- See 2734 N Murray Ave,  Milwaukee,  WI 53211 on Redfin.com
600 W Garfield Ave,  Milwaukee,  WI 53212
- Price: $499,900
- 6 bedrooms, 4 bathrooms
- Square feet: 3,082
- See 600 W Garfield Ave,  Milwaukee,  WI 53212 on Redfin.com
3158  Skyline Dr,  Hubertus,  WI 53033
- Price: $499,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,500
- See 3158  Skyline Dr,  Hubertus,  WI 53033 on Redfin.com
2608 N 45Th St,  Milwaukee,  WI 53210
- Price: $499,900
- 5 bedrooms, 2 bathrooms
- Square feet: 4,720
- See 2608 N 45Th St,  Milwaukee,  WI 53210 on Redfin.com
N77W15736  Crossway Dr,  Menomonee Falls,  WI 53051
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,165
- See N77W15736  Crossway Dr,  Menomonee Falls,  WI 53051 on Redfin.com
2526 W Dunwood Rd,  Milwaukee,  WI 53209
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,196
- See 2526 W Dunwood Rd,  Milwaukee,  WI 53209 on Redfin.com
660  Spur Rd,  Slinger,  WI 53086
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,969
- See 660  Spur Rd,  Slinger,  WI 53086 on Redfin.com
2545 N Swan Blvd,  Milwaukee,  WI 53226
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,583
- See 2545 N Swan Blvd,  Milwaukee,  WI 53226 on Redfin.com
353 E Becher St,  Milwaukee,  WI 53207
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 3,728
- See 353 E Becher St,  Milwaukee,  WI 53207 on Redfin.com
1753 N Marshall St,  Milwaukee,  WI 53202
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 3,125
- See 1753 N Marshall St,  Milwaukee,  WI 53202 on Redfin.com
948 N Green Bay Rd,  Grafton,  WI 53024
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 2,200
- See 948 N Green Bay Rd,  Grafton,  WI 53024 on Redfin.com
1101  Niagara Rd,  Oconomowoc,  WI 53066
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 3,020
- See 1101  Niagara Rd,  Oconomowoc,  WI 53066 on Redfin.com
511  Acorn Pass,  Hartford,  WI 53027
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,950
- See 511  Acorn Pass,  Hartford,  WI 53027 on Redfin.com
14048 W Waters Edge Trl,  New Berlin,  WI 53151
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,504
- See 14048 W Waters Edge Trl,  New Berlin,  WI 53151 on Redfin.com
4685 N 150Th St,  Brookfield,  WI 53005
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,197
- See 4685 N 150Th St,  Brookfield,  WI 53005 on Redfin.com
902 E Brady St,  Milwaukee,  WI 53202
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,100
- See 902 E Brady St,  Milwaukee,  WI 53202 on Redfin.com
603  Jordan Cir,  Colgate,  WI 53017
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,100
- See 603  Jordan Cir,  Colgate,  WI 53017 on Redfin.com
6216 N Santa Monica Blvd,  Milwaukee,  WI 53217
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,001
- See 6216 N Santa Monica Blvd,  Milwaukee,  WI 53217 on Redfin.com
2848  Fox Lake Cir,  Waukesha,  WI 53189
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,910
- See 2848  Fox Lake Cir,  Waukesha,  WI 53189 on Redfin.com
W220N5459  Town Line Rd,  Sussex,  WI 53089
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,900
- See W220N5459  Town Line Rd,  Sussex,  WI 53089 on Redfin.com
4766 N Idlewild Ave,  Milwaukee,  WI 53211
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,446
- See 4766 N Idlewild Ave,  Milwaukee,  WI 53211 on Redfin.com
3620  County Road O,  Saukville,  WI 53080
- Price: $499,900
- 3 bedrooms, 1.5 bathrooms
- Square feet: 1,724
- See 3620  County Road O,  Saukville,  WI 53080 on Redfin.com
N21W24305  Cumberland Dr,  Pewaukee,  WI 53072
- Price: $500,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,526
- See N21W24305  Cumberland Dr,  Pewaukee,  WI 53072 on Redfin.com
165  Aerie Cir,  Brookfield,  WI 53045
- Price: $499,900
- 2 bedrooms, 2.5 bathrooms
- Square feet: 1,696
- See 165  Aerie Cir,  Brookfield,  WI 53045 on Redfin.com
8063 S Quincy Ave,  Oak Creek,  WI 53154
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,716
- See 8063 S Quincy Ave,  Oak Creek,  WI 53154 on Redfin.com
8055 S Quincy Ave,  Oak Creek,  WI 53154
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,675
- See 8055 S Quincy Ave,  Oak Creek,  WI 53154 on Redfin.com
N51W34861  Wisconsin Ave,  Okauchee,  WI 53069
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,642
- See N51W34861  Wisconsin Ave,  Okauchee,  WI 53069 on Redfin.com
561  Pioneer Ct,  Dousman,  WI
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,505
- See 561  Pioneer Ct,  Dousman,  WI on Redfin.com
1300 N Prospect Ave,  Milwaukee,  WI 53202
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,474
- See 1300 N Prospect Ave,  Milwaukee,  WI 53202 on Redfin.com
148  Wolf Dr,  Dousman,  WI 53118
- Price: $500,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,150
- See 148  Wolf Dr,  Dousman,  WI 53118 on Redfin.com
 
   
   
  