Market Intelligence · WI / Milwaukee

Milwaukee, WI 53218 Housing Market

In Milwaukee's 53218 ZIP code, the typical home value is $168,769, up 3.5% over the past year. The median list price is $158,000, and homes spend a median of 38 days on the market.

Updated August 2026Median value$169K

The median home value in Milwaukee, WI 53218 is $169K as of August 2026, up 3.5% 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 53218 range

$155K to $182K

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

+3.5% over 12 months

Typical home value in 53218 over the last 12 months: $163K in Aug 2025 to $169K in Aug 2026 (+3.5%).

Aug 2025$163K

Aug 2026$169K

The numbers

What is the 53218 housing market like?

Typical home value

$169K

Up3.5%YoY

Median list price

$158K

Up1.9%MoM

Days on market

38

Up2.7%MoM

Homes for sale

116

Flat0.0%MoM

Price cuts

14.6%

Down10.7%MoM

New listings

28

Down41.7%MoM

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

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The comparison

How do 53218 home prices compare?

  • 53218$168,769
  • 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

There are 116 homes for sale in 53218, with 28 new listings coming onto the market. Buyers have options, but homes are moving in a median of 38 days, which is a steady pace. Values are trending upward, with the typical home value of $168,769 up 3.5% over the past year. Still, 14.6% of listings have taken a price cut, so overpricing is a real risk here. For a seller, the data supports listing now, but only at a price the current market will back up.

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