Market Intelligence · WI / Milwaukee

Milwaukee, WI 53205 Housing Market

In Milwaukee, WI 53205, the typical home value is $159,964, up 2.8% over the past year. The median list price is $244,900, and homes have a median of 89 days on market.

Updated August 2026Median value$160K

The median home value in Milwaukee, WI 53205 is $160K as of August 2026, up 2.8% 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 53205 range

$147K to $173K

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

+2.8% over 12 months

Typical home value in 53205 over the last 12 months: $156K in Aug 2025 to $160K in Aug 2026 (+2.8%).

Aug 2025$156K

Aug 2026$160K

The numbers

What is the 53205 housing market like?

Typical home value

$160K

Up2.8%YoY

Median list price

$245K

Down6.7%MoM

Days on market

89

Up12.7%MoM

Homes for sale

16

Flat0.0%MoM

Price cuts

16.7%

New listings

4

Down33.3%MoM

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

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The comparison

How do 53205 home prices compare?

  • 53205$159,964
  • 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

There are 16 homes for sale in 53205, with 4 new listings. The median list price is $244,900, while the typical home value is $159,964, up 2.8% over the past year. A median of 89 days on market points to a slower pace, and 16.7% of listings have a price cut. The honest read is that sellers need realistic pricing and some patience.

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