Market Intelligence · WI / Milwaukee

Milwaukee, WI 53209 Housing Market

The typical home value in Milwaukee's 53209 ZIP code is $166,648, up 3.9% over the past year. The median list price is $169,000, and homes are spending a median of 34 days on the market.

Updated August 2026Median value$167K

The median home value in Milwaukee, WI 53209 is $167K as of August 2026, up 3.9% 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 53209 range

$153K to $180K

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

+3.9% over 12 months

Typical home value in 53209 over the last 12 months: $160K in Aug 2025 to $167K in Aug 2026 (+3.9%).

Aug 2025$160K

Aug 2026$167K

The numbers

What is the 53209 housing market like?

Typical home value

$167K

Up3.9%YoY

Median list price

$169K

Flat0.0%MoM

Days on market

34

Down8.1%MoM

Homes for sale

121

Up6.1%MoM

Price cuts

19.1%

Up13.8%MoM

New listings

68

Up36.0%MoM

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

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The comparison

How do 53209 home prices compare?

  • 53209$166,648
  • 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

Home values in 53209 have been rising, with the typical home value at $166,648, up 3.9% over the past year. The median list price sits at $169,000, and homes are moving at a median of 34 days on market. There are 121 homes for sale, with 68 new listings adding to that supply. About 19.1% of listings have taken a price cut, which suggests some sellers are starting too high. If you price in line with recent values, the data points to a market where a well-priced home can still sell.

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