Market Intelligence · WI / Milwaukee

Milwaukee, WI 53205 Housing Market

The typical home value in Milwaukee's 53205 ZIP is $154,900, up 2.4% over the past year. The median list price stands at $214,225, with homes taking a median 96 days to sell as of September 2026.

Updated September 2026Median value$155K

The median home value in Milwaukee, WI 53205 is $155K as of September 2026, up 2.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 53205 range

$143K to $167K

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

+2.4% over 12 months

Sep 2025$151K

Low $151KHigh $157K

Sep 2026$155K

The numbers

What is the 53205 housing market like?

As of September 2026

Typical home value

$155K

2.4%YoY

Median list price

$214K

12.5%MoM

Days on market

7.9%MoM

Homes for sale

12.5%MoM

Price cuts

0.0%

New listings

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

The outlook

53205 housing market forecast 2027

+3.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53205 to rise 3.8% by September 2027.

Over the 12 months through September 2026, typical home values in 53205 rose 2.4%, per the Zillow Home Value Index.

Will home prices drop in 53205?

Zillow's forecast does not call for a drop: it expects typical home values in 53205 to rise 3.8% by September 2027, after a 2.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 53205 home prices compare?

53205$154,900
Milwaukee$249,849
Wisconsin$310,474
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Milwaukee: 28 ZIPs; Wisconsin: 679 ZIPs; United States: 26,262 ZIPs).

Context

Milwaukee's 53205 ZIP shows steady home-value appreciation of 2.4% annually, a modest but consistent gain for the area. The median list price of $214,225 sits well above the typical home value, reflecting either selective higher-priced inventory or aspirational pricing. With a median of 96 days on market, homes are taking several months to find buyers. No listings have received price cuts as of September 2026. For sellers in this ZIP, the market is neither rushed nor highly competitive, so pricing strategy and property condition will likely determine how quickly your home sells.

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Down payment20% · $30,980

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Common questions

What people ask us.

What is a typical home worth in 53205?

The typical home value is $154,900 as of September 2026, up 2.4% from the previous year.

How long do homes stay on the market here?

The median days on market is 96 as of September 2026.

What are homes listed for in 53205?

The median list price is $214,225 as of September 2026.

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Nearby ZIP markets.

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