West Allis Housing Update: Revaluation Notices Coming as Prices Hold Firm
West Allis, WI – March 16, 2026 – A citywide revaluation is underway as home prices trend higher and inventory remains competitive.
West Allis is heading into spring with firm home values and a citywide property revaluation on the horizon.
Top takeaways
- Median sale price was $260K in January, up 11.1% year over year.
- Homes averaged 53 days on market, with 32 sales reported.
- Citywide revaluation notices are scheduled to be available by April 7.
Market snapshot
According to Redfin data for January 2026, the median sale price reached $260,000, an 11.1% increase from a year earlier. The median price per square foot rose to $184. While prices climbed, closed sales declined to 32 from 46 a year ago, suggesting tighter inventory and selective buyer activity.
Realtor.com shows a median listing price of about $265,900, reinforcing that sellers continue to test higher price points as demand persists.
Citywide revaluation underway
On February 13, 2026, the City of West Allis announced a required property revaluation. Assessment notices are expected to be mailed and posted online by April 7, with Open Book appointments in April and Board of Review hearings in May. City officials note that revaluations redistribute the existing tax levy based on updated market values rather than increasing the overall levy.
The move follows several years of a strong seller’s market that pushed sale prices higher and widened gaps between assessed and market values.
Rental trends and what’s for sale
RentCafe reports the average apartment rent at $1,419 as of February 9, 2026, up 2.21% from last year. One-bedroom units average $1,242, while two-bedrooms average $1,536, reflecting steady rental demand.
Active listings range from smaller postwar homes in the mid-$200Ks to updated properties closer to $300K, with a mix of bungalows and ranch-style houses common across neighborhoods.
Are you seeing more listings, multiple-offer situations, or longer market times in your part of the city?
Sources
https://www.westalliswi.gov/article/2707645
https://www.redfin.com/city/20870/WI/West-Allis/housing-market
https://www.realtor.com/realestateandhomes-search/West-Allis_WI
https://www.rentcafe.com/average-rent-market-trends/us/wi/west-allis/
https://www.zillow.com/west-allis-wi/