Home ValuePros

Market Intelligence · WI / Milwaukee

Milwaukee, WI 53203 Housing Market

In Milwaukee, WI 53203, the typical home value is $380,577, down 4.4% over the past year. The median list price is $477,450, and homes spend a median of 30 days on the market.

Updated August 2026Median value$381K

The median home value in Milwaukee, WI 53203 is $381K as of August 2026, down 4.4% 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

$350K to $411K

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

-4.4% over 12 months

Typical home value in 53203 over the last 12 months: $398K in Aug 2025 to $381K in Aug 2026 (-4.4%).

Aug 2025$398K

Aug 2026$381K

The numbers

What is the 53203 housing market like?

Typical home value

$381K

Down4.4%YoY

Median list price

$477K

Down11.2%MoM

Days on market

30

Down50.8%MoM

Homes for sale

5

Up25.0%MoM

Price cuts

0.0%

New listings

4

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

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The comparison

How do 53203 home prices compare?

  • 53203$380,577
  • 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

As of 2026-08-01, there are 5 homes for sale in 53203, with 4 new listings added. The median list price sits at $477,450, well above the typical home value of $380,577, which is down 4.4% over the past year. Median days on market is 30, so homes are moving at a moderate pace. The share of listings with a price cut is 0.0%, which means sellers are not yet reducing asking prices. For a seller, values have slipped over the past year, so pricing carefully from the start matters more than chasing a higher number.

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