Market Intelligence · WI / Milwaukee

Milwaukee, WI 53216 Housing Market

The typical home value in Milwaukee's 53216 ZIP code is $180,509, up 4.4% over the past year. The median list price is $174,625, and homes are taking a median of 36 days on market as of 2026-06-01.

Updated June 2026Median value$181K

The median home value in Milwaukee, WI 53216 is $181K as of June 2026, up 4.4% 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

$166K to $195K

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

+4.4% over 12 months

Typical home value in 53216 over the last 12 months: $173K in Jun 2025 to $181K in Jun 2026 (+4.4%).

Jun 2025$173K

Jun 2026$181K

The numbers

What is the 53216 housing market like?

Typical home value

$181K

Up4.4%YoY

Median list price

$175K

Days on market

36

Down10.0%MoM

Homes for sale

74

Price cuts

12.9%

New listings

40

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 53216 home prices compare?

  • 53216$180,509
  • Milwaukee$259,030
  • Wisconsin$313,829
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Milwaukee: 28 ZIPs; Wisconsin: 679 ZIPs; United States: 26,270 ZIPs).

Context

As of 2026-06-01, there are 74 homes for sale in 53216, with 40 new listings added. The typical home value stands at $180,509, up 4.4% over the past year, while the median list price is $174,625. Homes here are spending a median of 36 days on market, and 12.9% of listings have had a price cut. If you are considering selling, the yearly value trend is positive, but a portion of sellers are still adjusting prices, so setting expectations carefully matters.

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