Market Intelligence · WI / Milwaukee

Milwaukee, WI 53216 Housing Market

The typical home value in Milwaukee, WI 53216 is $171,751, up 2.8% over the past year. The median list price sits at $184,495, with homes staying on market for a median of 46 days.

Updated September 2026Median value$172K

The median home value in Milwaukee, WI 53216 is $172K as of September 2026, up 2.8% 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.

Sell without the wait

Sell your Milwaukee home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 53216 range

$158K to $185K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 53216 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Milwaukee, WI.

12-month value trend

+2.8% over 12 months

Sep 2025$167K

Low $167KHigh $173K

Sep 2026$172K

The numbers

What is the 53216 housing market like?

As of September 2026

Typical home value

$172K

2.8%YoY

Median list price

$184K

5.5%MoM

Days on market

21.1%MoM

Homes for sale

14.6%MoM

Price cuts

25.3%

23.4%MoM

New listings

100.0%MoM

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

The outlook

53216 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53216 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 53216 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 53216?

Zillow's forecast does not call for a drop: it expects typical home values in 53216 to rise 3.1% by September 2027, after a 2.8% 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.

Free home value report

See what your 53216 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 53216 home prices compare?

53216$171,751
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 70 homes for sale in 53216, with 32 new listings entering the market. The median days on market of 46 suggests a moderate pace of sales activity. A notable detail: 25.3% of listings have seen a price cut, which points to some seller adjustment happening in this range. While values have risen year-over-year, the combination of new inventory and price reductions indicates a market where sellers may need to be realistic about positioning and pricing.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $34,350

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 53216?

The typical home value is $171,751, which has increased 2.8% over the past year.

How many homes are currently for sale?

There are 70 homes for sale as of September 2026, with 32 new listings recently added to the market.

How long do homes typically stay on the market?

The median days on market is 46 days as of September 2026.

Discover

Nearby ZIP markets.

Keep reading