Market Intelligence · WI / Milwaukee

Milwaukee, WI 53212 Housing Market

Homes in Milwaukee, WI 53212 are valued at a typical $212,063, up 0.8% over the past year. The median list price stands at $274,900, with homes typically spending 39 days on market as of September 2026.

Updated September 2026Median value$212K

The median home value in Milwaukee, WI 53212 is $212K as of September 2026, up 0.8% 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 53212 range

$195K to $229K

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

+0.8% over 12 months

Sep 2025$210K

Low $210KHigh $218K

Sep 2026$212K

The numbers

What is the 53212 housing market like?

As of September 2026

Typical home value

$212K

0.8%YoY

Median list price

$275K

4.0%MoM

Days on market

13.3%MoM

Homes for sale

10.3%MoM

Price cuts

18.8%

39.1%MoM

New listings

30.0%MoM

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

The outlook

53212 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53212 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 53212 rose 0.8%, per the Zillow Home Value Index.

Will home prices drop in 53212?

Zillow's forecast does not call for a drop: it expects typical home values in 53212 to rise 3.1% by September 2027, after a 0.8% 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 53212 home prices compare?

53212$212,063
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 ZIP code has 52 homes for sale with 14 new listings as of September 2026. Nearly one in five listings, at 18.8%, have seen a price reduction. The combination of modest appreciation and a steady flow of inventory suggests a balanced market where buyers have reasonable options and sellers face moderate competition. In this environment, pricing strategy matters more than speed.

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Home price

Down payment20% · $42,413

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Common questions

What people ask us.

What is the typical home value in 53212?

The typical home value in Milwaukee, WI 53212 is $212,063, which is up 0.8% over the past year as of September 2026.

How long do homes stay on the market in 53212?

Homes typically spend 39 days on market in this ZIP code as of September 2026.

What share of homes have received price cuts?

As of September 2026, 18.8% of listings in 53212 have had a price cut.

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