Market Intelligence · WI / Milwaukee

Milwaukee, WI 53218 Housing Market

Homes in 53218 have a typical value of $165,910, up 3.5% over the past year. The median list price stands at $159,900, with homes averaging 52 days on market as of September 2026.

Updated September 2026Median value$166K

The median home value in Milwaukee, WI 53218 is $166K as of September 2026, up 3.5% 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 53218 range

$153K to $179K

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 53218 market stats. Unsubscribe anytime.

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

12-month value trend

+3.5% over 12 months

Sep 2025$160K

Low $160KHigh $166K

Sep 2026$166K

The numbers

What is the 53218 housing market like?

As of September 2026

Typical home value

$166K

3.5%YoY

Median list price

$160K

1.2%MoM

Days on market

36.8%MoM

Homes for sale

14.7%MoM

Price cuts

17.1%

17.2%MoM

New listings

35.7%MoM

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

The outlook

53218 housing market forecast 2027

+3.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 53218 to rise 3.4% by September 2027.

Over the 12 months through September 2026, typical home values in 53218 rose 3.5%, per the Zillow Home Value Index.

Will home prices drop in 53218?

Zillow's forecast does not call for a drop: it expects typical home values in 53218 to rise 3.4% by September 2027, after a 3.5% 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 53218 home is worth.

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

The comparison

How do 53218 home prices compare?

53218$165,910
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 99 homes for sale in 53218, with 38 new listings added recently. The median days on market of 52 suggests a moderate pace of activity. About 17.1% of listings have seen price cuts, which often signals that some sellers are adjusting expectations. While values have risen 3.5% year-over-year, the inventory level and pricing patterns suggest this is a balanced market where buyers have room to negotiate.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $33,182

Term

Rate (%)

Common questions

What people ask us.

What is a typical home value in 53218?

The typical home value in 53218 is $165,910 as of September 2026, up 3.5% compared to the previous year.

How long do homes typically stay on the market in 53218?

Homes in this ZIP code average 52 days on market, indicating a moderate sales pace.

What is the median list price in 53218?

The median list price in 53218 is $159,900 as of September 2026.

Discover

Nearby ZIP markets.

Keep reading