Milwaukee, WI Home Values & Market Trends

Real estate market trends reflect that there have been 10,592 transactions over the past year in Milwaukee. The median value for residential home transactions that occurred over the previous year is $262,267. The number of current listings in Milwaukee is 9,208, and the percentage of properties for sale in the city is 9208.00%. Milwaukee, WI currently has 115 properties in foreclosure, 44 bank owned properties, 71 properties headed for auction, and 9,208 properties for sale.

Milwaukee, WI Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
53209

$ 163,999

$ 143/sqft

53213

$ 426,544

$ 267/sqft

53218

$ 164,426

$ 158/sqft

53211

$ 563,385

$ 279/sqft

53216

$ 179,534

$ 146/sqft

53225

$ 241,024

$ 204/sqft

53207

$ 323,021

$ 278/sqft

53227

$ 313,225

$ 248/sqft

53219

$ 280,728

$ 249/sqft

53202

$ 374,900

$ 280/sqft

53222

$ 281,479

$ 234/sqft

53224

$ 290,256

$ 195/sqft

53210

$ 190,000

$ 129/sqft

53226

$ 420,286

$ 297/sqft

53206

$ 99,900

$ 75/sqft

53204

$ 183,664

$ 144/sqft

53214

$ 275,000

$ 226/sqft

53220

$ 310,057

$ 260/sqft

53215

$ 246,702

$ 191/sqft

53228

$ 316,895

$ 267/sqft

53217

$ 563,466

$ 289/sqft

53205

$ 143,619

$ 117/sqft

53212

$ 235,241

$ 170/sqft

53233

$ 170,817

$ 104/sqft

53223

$ 247,246

$ 184/sqft

53203

$ 260,714

$ 221/sqft

53208

$ 270,754

$ 169/sqft

53295

$ --

$ --

53221

$ 283,217

$ 243/sqft

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Housing Market Summary for Milwaukee, WI

Sep 2025September 2026Change
Median Listing Price$199.9K$229.7K14.89%
Median Sold Price$222.3K$250K12.45%
Homes For Sale4,4549,137105.14%
Homes Sold3,2053,54510.61%
Price
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Homes For Sale
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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 Milwaukee, WI

Milwaukee home values range from $13,058 to $4,700,000. The median estimated value of a home in Milwaukee is $262,267. The median list price of a home is 229,784.96, and the total count of properties in the city is 12,949.

Foreclosure
There are 29 zips within Milwaukee, WI; within these zips, the median estimated home value for homes in foreclosure ranges from $680,103 in 53206 to the lowest value of $41,600 in 53206. Foreclosure homes account for 0.00% of properties in Milwaukee, WI with 53209 containing 18 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Milwaukee, WI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 29 zips within Milwaukee, WI; of those zips, 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 Milwaukee, WI ranges from the highest value of $87,316 in 53224 to the lowest value of $41,600 in 53206. Bank owned homes and properties account for 0.34% of properties in Milwaukee, WI. There are 29 zips within Milwaukee, WI; 53206 containing 9 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    53209 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Milwaukee, WI. Auction homes and other auction properties account for 0.55% of all properties in Milwaukee, WI. There are 29 zips within Milwaukee, WI; of those zips, the median estimated home value for homes going to auction ranges from $412,345 in 53217 to the lowest value of $52,743 in 53217.
Homes for Sale
Homes and properties that are actively listed for sale account for 71.11% of residential properties in Milwaukee, WI with 53209 containing 796 homes for sale, the highest number of listed properties in a single zip. There are 29 zips within Milwaukee, WI; homes for sale in those zips, have a range of median values from $1,164,737 in 53226 to the lowest value of $13,866 in 53216.
    Sold Homes
    The median value for recently sold homes ranges from $393,753 in 53228 to the lowest price of $13,058 in 53228. There are 29 zips within Milwaukee, WI. 53209 has 271 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 27.11% of properties in Milwaukee, WI.

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      Guide for Milwaukee, WI

      Home Buying Guides & Tips
      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Wisconsin Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.