53227 Home Values & Market Trends

There are 5 homes currently listed for 53227. 53227 real estate market trends show that home prices range from $140,000 to $415,000, and the median sales price in the 53227 zip code is $239,018.76. The total number of properties sold within the past twelve months is 319. In 53227, 8 properties are in foreclosure, 0 are bank owned properties,and 8 are headed for auction.

Housing Market Summary for 53227

Apr 2023March 2024Change
Median Listing Price$225K$242.3K7.69%
Median Sold Price$241.8K$242.3K0.20%
Homes For Sale37133.33%
Homes Sold193187-3.11%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 53227

The median list price of a home in Milwaukee, is $239,018.76. A total of 5 properties are for sale, and the percentage of properties for sale in the zip code is 5.00%. The total count of 53227 properties is 6,153.

Foreclosure
There is 1 cities within 53227; within this cities, the median estimated home value for homes in foreclosure ranges from $383,700 in milwaukee to the lowest value of $28,340 in milwaukee. Foreclosure homes account for 0.00% of properties in 53227 with milwaukee containing 162 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 53227 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 53227; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 53227 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 53227. There is 1 cities within 53227; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    milwaukee has 104 auction properties, the highest number of properties going to auction in a single city in the state of 53227. Auction homes and other auction properties account for 0.13% of all properties in 53227. There is 1 cities within 53227; of that cities, the median estimated home value for homes going to auction ranges from $375,600 in milwaukee to the lowest value of $28,340 in milwaukee.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in 53227 with milwaukee containing 306 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 53227; homes for sale in that cities, have a range of median values from $1,975,000 in milwaukee to the lowest value of $15,017 in milwaukee.
    Sold Homes
    The median value for recently sold homes ranges from $2,695,000 in milwaukee to the lowest price of $18,170 in milwaukee. There is 1 cities within 53227. milwaukee has 4798 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.94% of properties in 53227.

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      Guide for 53227

      Market Reports
      Madison Real Estate Report: House Values Peak at $447K
      Market Reports
      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports
      Milwaukee Real Estate Report, Feb 2024: Market Shows Promising Growth
      Home Buying Guides & Tips
      Wisconsin Foreclosure Laws
      See More Articles
      Madison Real Estate Report: House Values Peak at $447K
      Market Reports|posted 22 April 2024

      In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.

      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports|posted 4 March 2024

      Madison’s real estate market continues to robustness, with varied trends across different market segments.

      Milwaukee Real Estate Report, Feb 2024: Market Shows Promising Growth
      Market Reports|posted 26 February 2024

      Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.

      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Wisconsin Foreclosure Laws

      Recently Listed Homes 53227

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