How much is a home in 53216 worth?

The typical home value in 53216 is $176,580, up 3.5% over the past year. The median list price is $174,950.

How long does it take to sell a home in 53216?

The median days on market in 53216 is 38. There are 82 homes for sale, with 16 new listings as of the latest data.

Are sellers cutting prices in 53216?

Yes. 33.1% of listings in 53216 have had a price cut, so pricing accurately from the start matters.

Market Intelligence · WI / Milwaukee

Milwaukee, WI 53216 Housing Market

The typical home value in Milwaukee, WI 53216 is $176,580, up 3.5% over the past year. Homes are listing at a median of $174,950, and the median days on market is 38. Sellers here are working with steady value growth and a moderate pace of sales.

Updated August 2026Median value$177K

The median home value in Milwaukee, WI 53216 is $177K as of August 2026, up 3.5% 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 53216 range

$162K to $191K

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

+3.5% over 12 months

Aug 2025$171K

Low $171KHigh $178K

Aug 2026$177K

The numbers

What is the 53216 housing market like?

As of August 2026

Typical home value

$177K

3.5%YoY

Median list price

$175K

7.4%MoM

Days on market

11.8%MoM

Homes for sale

2.5%MoM

Price cuts

33.1%

20.9%MoM

New listings

52.9%MoM

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

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The comparison

How do 53216 home prices compare?

53216$176,580
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

Milwaukee, WI 53216 shows a market with measured activity. There are 82 homes for sale, with 16 new listings entering the market. Homes are moving at a median of 38 days, which is a workable pace for sellers who price realistically. The median list price of $174,950 sits close to the typical home value of $176,580, which is up 3.5% over the past year. With 33.1% of listings carrying a price cut, overpricing is a real risk. Sellers who list near current value tend to avoid the reduction cycle.

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