Market Intelligence · WI / Milwaukee

Milwaukee, WI 53203 Housing Market

The typical home in Milwaukee's 53203 ZIP code is valued at $385,179, down 4.3% over the past year. The median list price sits at $585,000, and homes are taking a median of 48 days on market.

Updated June 2026Median value$385K

The median home value in Milwaukee, WI 53203 is $385K as of June 2026, down 4.3% 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 53203 range

$354K to $416K

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

-4.3% over 12 months

Typical home value in 53203 over the last 12 months: $403K in Jun 2025 to $385K in Jun 2026 (-4.3%).

Jun 2025$403K

Jun 2026$385K

The numbers

What is the 53203 housing market like?

Typical home value

$385K

Down4.3%YoY

Median list price

$585K

Days on market

48

Up9.1%MoM

Homes for sale

5

Price cuts

0.0%

New listings

0

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 53203 home prices compare?

  • 53203$385,179
  • Milwaukee$259,030
  • Wisconsin$313,829
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Milwaukee: 28 ZIPs; Wisconsin: 679 ZIPs; United States: 26,270 ZIPs).

Context

This is a small downtown Milwaukee market, with just 5 homes for sale as of June 1, 2026. The median list price of $585,000 sits above the typical home value of $385,179, and that typical value is down 4.3% over the past year. Listings are moving in a median of 48 days, and there were 0 new listings recorded. With few properties available, individual sales can swing the picture, so sellers here should weigh pricing carefully against a value trend that has softened.

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