Market Intelligence · WI / Milwaukee

Milwaukee, WI 53215 Housing Market

The typical home value in Milwaukee's 53215 ZIP code stands at $221,399, up 2.5% over the past year. The median list price is $249,900, with homes taking a median of 27 days to sell as of September 2026.

Updated September 2026Median value$221K

The median home value in Milwaukee, WI 53215 is $221K 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 53215 range

$204K to $239K

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$216K

Low $216KHigh $221K

Sep 2026$221K

The numbers

What is the 53215 housing market like?

As of September 2026

Typical home value

$221K

2.5%YoY

Median list price

$250K

2.0%MoM

Days on market

6.9%MoM

Homes for sale

28.6%MoM

Price cuts

33.1%

46.9%MoM

New listings

50.0%MoM

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

The outlook

53215 housing market forecast 2027

+3.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53215 to rise 3.6% by September 2027.

Over the 12 months through September 2026, typical home values in 53215 rose 2.5%, per the Zillow Home Value Index.

Will home prices drop in 53215?

Zillow's forecast does not call for a drop: it expects typical home values in 53215 to rise 3.6% 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 53215 home prices compare?

53215$221,399
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

As of September 2026, there are 36 homes for sale in 53215, with 18 new listings entering the market. The median days on market of 27 suggests a reasonably active sales pace. However, 33.1% of listings have received a price cut, which indicates some sellers are adjusting expectations. While the typical home value has gained ground annually, the price-cut rate suggests buyers have options and are willing to negotiate.

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Down payment20% · $44,280

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Common questions

What people ask us.

What is the typical home value in 53215?

The typical home value is $221,399 as of September 2026, representing a 2.5% increase over the past year.

How many homes are currently for sale in this ZIP code?

There are 36 homes for sale as of September 2026, with 18 new listings added in that same month.

How long do homes typically stay on the market?

The median days on market is 27 as of September 2026.

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