Market Intelligence · WI / Milwaukee

Milwaukee, WI 53220 Housing Market

The typical home in Milwaukee's 53220 ZIP code is worth $308,501, up 4.8% over the past year. The median list price is $318,675, and homes are moving at a median of 28 days on market.

Updated June 2026Median value$309K

The median home value in Milwaukee, WI 53220 is $309K as of June 2026, up 4.8% 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

$284K to $333K

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

+4.8% over 12 months

Typical home value in 53220 over the last 12 months: $294K in Jun 2025 to $309K in Jun 2026 (+4.8%).

Jun 2025$294K

Jun 2026$309K

The numbers

What is the 53220 housing market like?

Typical home value

$309K

Up4.8%YoY

Median list price

$319K

Days on market

28

Down20.0%MoM

Homes for sale

41

Price cuts

14.4%

New listings

28

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 53220 home prices compare?

  • 53220$308,501
  • Milwaukee$259,030
  • Wisconsin$313,829
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Milwaukee: 28 ZIPs; Wisconsin: 679 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there were 41 homes for sale in 53220, with 28 new listings added. The typical home value sits at $308,501, up 4.8% over the past year, while the median list price is $318,675. Homes are taking a median of 28 days to sell, and 14.4% of listings have had a price cut. For sellers, values are still rising, but the price cuts suggest some listings are priced ahead of what buyers will pay, so setting a realistic price matters.

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