Milwaukee, WI Home Values & Market Trends
Real estate market trends reflect that there have been 13,634 transactions over the past year in Milwaukee. The median value for residential home transactions that occurred over the previous year is $191,074.74. The number of current listings in Milwaukee is 323, and the percentage of properties for sale in the city is 57.17%. Milwaukee, WI currently has 242 properties in foreclosure, 60 bank owned properties, 132 properties headed for auction, and 323 properties for sale.
Milwaukee, WI Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 53209 | $ 112,044 $ 102/sqft | 53215 | $ 178,029 $ 126/sqft |
| 53216 | $ 144,979 $ 97/sqft | 53204 | $ 117,077 $ 86/sqft |
| 53218 | $ 153,977 $ 139/sqft | 53207 | $ 277,241 $ 213/sqft |
| 53210 | $ 130,497 $ 75/sqft | 53221 | $ 297,823 $ 191/sqft |
| 53212 | $ 223,924 $ 154/sqft | 53211 | $ 436,560 $ 211/sqft |
| 53202 | $ 404,481 $ 345/sqft | 53208 | $ 91,620 $ 42/sqft |
| 53214 | $ 222,669 $ 184/sqft | 53205 | $ 80,230 $ 48/sqft |
| 53219 | $ 217,551 $ 180/sqft | 53203 | $ 259,316 $ 228/sqft |
| 53206 | $ 43,860 $ 29/sqft | 53233 | $ 168,100 $ 33/sqft |
| 53224 | $ 228,932 $ 162/sqft |
Housing Market Summary for Milwaukee, WI
| Aug 2022 | August 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $176.3K | $189.3K | 7.35% |
| Median Sold Price | $174.9K | $189.3K | 8.21% |
| Homes For Sale | 363 | 322 | -11.29% |
| Homes Sold | 6,247 | 4,754 | -23.90% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Milwaukee, WI
Browse Homes in Milwaukee, WI
Milwaukee home values range from $15,225 to $6,260,784. The median estimated value of a home in Milwaukee is $191,074.74. The median list price of a home is 161,566.667, and the total count of properties in the city is 137,560.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Milwaukee, WI with 53209 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 19 zips within Milwaukee, WI; of those zips, the estimated home value for pre-foreclosure homes ranges from $289,059 in 53219 to the lowest home value of $34,105 in 53206.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Milwaukee, WI ranges from the highest value of $297,150 in 53214 to the lowest value of $52,873 in 53206. Bank owned homes and properties account for 0.04% of properties in Milwaukee, WI. There are 19 zips within Milwaukee, WI; 53216 containing 10 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions53209 has 18 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 0.10% of all properties in Milwaukee, WI. There are 19 zips within Milwaukee, WI; of those zips, the median estimated home value for homes going to auction ranges from $1,749,900 in 53211 to the lowest value of $22,040 in 53211.
