Market Intelligence · WI / Milwaukee

Milwaukee, WI 53217 Housing Market

The typical home value in Milwaukee's 53217 ZIP code is $576,239, up 6.6% over the past year as of 2026-08-01. The median list price sits at $575,000, and homes are moving in a median of 33 days on market.

Updated August 2026Median value$576K

The median home value in Milwaukee, WI 53217 is $576K as of August 2026, up 6.6% 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 53217 range

$530K to $622K

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

+6.6% over 12 months

Typical home value in 53217 over the last 12 months: $540K in Aug 2025 to $576K in Aug 2026 (+6.6%).

Aug 2025$540K

Aug 2026$576K

The numbers

What is the 53217 housing market like?

Typical home value

$576K

Up6.6%YoY

Median list price

$575K

Down3.5%MoM

Days on market

33

Down10.8%MoM

Homes for sale

64

Down4.5%MoM

Price cuts

20.0%

Up19.3%MoM

New listings

32

Flat0.0%MoM

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

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The comparison

How do 53217 home prices compare?

  • 53217$576,239
  • 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

As of 2026-08-01, there were 64 homes for sale in 53217, with 32 new listings hitting the market. The median list price was $575,000, close to the typical home value of $576,239, which has risen 6.6% over the past year. Homes spent a median of 33 days on market, and 20.0% of listings had a price cut. That mix suggests steady demand with some room for negotiation on overpriced homes. For a seller, pricing accurately from the start matters, because values are rising but buyers are pushing back on listings that miss the mark.

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