Market Intelligence · WI / Milwaukee

Milwaukee, WI 53207 Housing Market

Homes in Milwaukee 53207 are valued at $303,386 on average, up 2.5% over the past year. The median list price stands at $330,000, with homes typically spending 32 days on market as of September 2026.

Updated September 2026Median value$303K

The median home value in Milwaukee, WI 53207 is $303K as of September 2026, up 2.5% 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 53207 range

$279K to $328K

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

+2.5% over 12 months

Sep 2025$296K

Low $296KHigh $303K

Sep 2026$303K

The numbers

What is the 53207 housing market like?

As of September 2026

Typical home value

$303K

2.5%YoY

Median list price

$330K

0.2%MoM

Days on market

3.2%MoM

Homes for sale

26.6%MoM

Price cuts

19.1%

60.9%MoM

New listings

5.6%MoM

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

The outlook

53207 housing market forecast 2027

+2.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53207 to rise 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in 53207 rose 2.5%, per the Zillow Home Value Index.

Will home prices drop in 53207?

Zillow's forecast does not call for a drop: it expects typical home values in 53207 to rise 2.9% by September 2027, after a 2.5% 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 53207 home prices compare?

53207$303,386
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

The 53207 market shows moderate activity with 81 homes currently for sale and 38 new listings added in September 2026. The median list price of $330,000 sits above the typical home value of $303,386, reflecting some pricing optimism. About 19.1% of listings have seen price cuts, suggesting sellers are adjusting to market realities. Homes are moving at a steady pace of 32 median days on market. For sellers, this is a balanced market where pricing strategically matters.

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Down payment20% · $60,677

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Common questions

What people ask us.

What is the typical home value in 53207?

The typical home value in Milwaukee 53207 is $303,386, up 2.5% over the past year as of September 2026.

How long do homes take to sell in 53207?

Homes in this ZIP spend a median of 32 days on market as of September 2026.

What share of homes have price reductions?

About 19.1% of listings have received price cuts as of September 2026.

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