Market Intelligence · WI / Milwaukee

Milwaukee, WI 53220 Housing Market

The typical home value in Milwaukee, WI 53220 is $302,007, up 5.3% over the past year as of 2026-08-01. Sellers are listing at a median of $319,900, and homes are moving in a median of 24 days on market. That points to firm pricing with quick decisions.

Updated August 2026Median value$302K

The median home value in Milwaukee, WI 53220 is $302K as of August 2026, up 5.3% 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 53220 range

$278K to $326K

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

+5.3% over 12 months

Typical home value in 53220 over the last 12 months: $287K in Aug 2025 to $302K in Aug 2026 (+5.3%).

Aug 2025$287K

Aug 2026$302K

The numbers

What is the 53220 housing market like?

Typical home value

$302K

Up5.3%YoY

Median list price

$320K

Up6.6%MoM

Days on market

24

Down20.0%MoM

Homes for sale

28

Down6.7%MoM

Price cuts

12.9%

Up18.3%MoM

New listings

24

Up50.0%MoM

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

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The comparison

How do 53220 home prices compare?

  • 53220$302,007
  • 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, Milwaukee, WI 53220 has 28 homes for sale and 24 new listings, so buyers are seeing fresh choices without a flood of supply. The median list price is $319,900, while the typical home value is $302,007, up 5.3% over the past year. A median of 24 days on market says well priced homes can still move fast. Price cuts are limited to 12.9% of listings, which suggests most sellers are not chasing the market down. For a seller, the read is steady demand, but pricing still needs to be disciplined.

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