Market Intelligence · WI / Milwaukee

Milwaukee, WI 53209 Housing Market

The typical home in 53209 is worth $164,901, up 3.8% over the past year. The median list price stands at $175,000, with homes spending a median of 39 days on market as of September 2026.

Updated September 2026Median value$165K

The median home value in Milwaukee, WI 53209 is $165K as of September 2026, up 3.8% 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 53209 range

$152K to $178K

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

+3.8% over 12 months

Sep 2025$159K

Low $159KHigh $166K

Sep 2026$165K

The numbers

What is the 53209 housing market like?

As of September 2026

Typical home value

$165K

3.8%YoY

Median list price

$175K

3.6%MoM

Days on market

14.7%MoM

Homes for sale

128

5.8%MoM

Price cuts

24.8%

29.9%MoM

New listings

23.5%MoM

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

The outlook

53209 housing market forecast 2027

+3.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53209 to rise 3.2% by September 2027.

Over the 12 months through September 2026, typical home values in 53209 rose 3.8%, per the Zillow Home Value Index.

Will home prices drop in 53209?

Zillow's forecast does not call for a drop: it expects typical home values in 53209 to rise 3.2% by September 2027, after a 3.8% 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 53209 home prices compare?

53209$164,901
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

September 2026 saw 128 homes for sale in the ZIP, with 52 new listings entering the market. The median list price of $175,000 sits above the typical home value of $164,901, suggesting some asking prices may need adjustment. Nearly a quarter of listings, specifically 24.8%, have already taken price cuts. Homes spend around 39 days on market before selling. For sellers, the data suggests a market where pricing strategy and condition matter more than scarcity.

Monthly payment

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Down payment20% · $32,980

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Common questions

What people ask us.

What is a typical home worth in 53209?

The typical home value is $164,901 as of September 2026, up 3.8% over the past year.

How many homes are currently for sale in 53209?

As of September 2026, there are 128 homes for sale, with 52 new listings in the market.

How long do homes typically stay on the market in 53209?

The median days on market is 39 as of September 2026.

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Nearby ZIP markets.

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