Market Intelligence · WI / Milwaukee

Milwaukee, WI 53202 Housing Market

The typical home value in Milwaukee, WI 53202 is $363,073, down 2.0% over the past year as of 2026-08-01. Sellers are listing at a median of $424,900, and homes are taking a median of 53 days to sell.

Updated August 2026Median value$363K

The median home value in Milwaukee, WI 53202 is $363K as of August 2026, down 2.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 53202 range

$334K to $392K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.0% over 12 months

Typical home value in 53202 over the last 12 months: $370K in Aug 2025 to $363K in Aug 2026 (-2.0%).

Aug 2025$370K

Aug 2026$363K

The numbers

What is the 53202 housing market like?

Typical home value

$363K

Down2.0%YoY

Median list price

$425K

Flat0.0%MoM

Days on market

53

Up26.2%MoM

Homes for sale

155

Up5.4%MoM

Price cuts

14.2%

Down2.8%MoM

New listings

44

Up46.7%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 53202 home prices compare?

  • 53202$363,073
  • Milwaukee$255,059
  • Wisconsin$311,914
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Milwaukee: 28 ZIPs; Wisconsin: 679 ZIPs; United States: 26,265 ZIPs).

Context

Milwaukee, WI 53202 had 155 homes for sale as of 2026-08-01, with 44 new listings added. The median list price sits at $424,900, while the typical home value of $363,073 has slipped 2.0% over the past year. Homes are moving at a median of 53 days on market, and 14.2% of listings have taken a price cut. For a seller, this reads as a market that still functions but rewards realistic pricing from day one, since overpriced homes are the ones sitting longest and cutting.

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