Market Intelligence · WI / Milwaukee

Milwaukee, WI 53217 Housing Market

Homes in Milwaukee 53217 are valued at $570,270 on average, up 6.7% over the past year. The median list price stands at $588,225, with homes typically spending 32 days on the market as of September 2026.

Updated September 2026Median value$570K

The median home value in Milwaukee, WI 53217 is $570K as of September 2026, up 6.7% 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 53217 range

$525K to $616K

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

+6.7% over 12 months

Typical home value in 53217 over the last 12 months: $534K in Sep 2025 to $570K in Sep 2026 (+6.7%).

Sep 2025$534K

Sep 2026$570K

The numbers

What is the 53217 housing market like?

Typical home value

$570K

Up6.7%YoY

Median list price

$588K

Up2.3%MoM

Days on market

32

Down3.0%MoM

Homes for sale

68

Up6.3%MoM

Price cuts

15.6%

Down22.0%MoM

New listings

40

Up25.0%MoM

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

The outlook

53217 housing market forecast 2027

+3.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53217 to rise 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in 53217 rose 6.7%, per the Zillow Home Value Index.

Will home prices drop in 53217?

Zillow's forecast does not call for a drop: it expects typical home values in 53217 to rise 3.0% by September 2027, after a 6.7% 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 53217 home prices compare?

  • 53217$570,270
  • 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 53217 ZIP has 68 homes currently for sale, with 40 new listings added in September 2026. A modest 15.6% of listings have received price cuts, suggesting most sellers are holding firm on their asking prices. The median days on market of 32 indicates homes are moving at a steady pace without prolonged waits. For sellers, the year-over-year value gain is encouraging, but the presence of price cuts on some properties signals that overpricing can still cost you time.

Monthly payment

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20% · $114,054

Common questions

What people ask us.

What is the typical home value in 53217?

The typical home value in 53217 is $570,270, up 6.7% over the past year as of September 2026.

How many homes are currently for sale in this ZIP?

As of September 2026, there are 68 homes for sale in 53217, with 40 new listings added that month.

How long do homes typically stay on the market here?

The median days on market in 53217 is 32, and the median list price is $588,225 as of September 2026.

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