Market Intelligence · WI / Milwaukee

Milwaukee, WI 53221 Housing Market

The typical home in Milwaukee's 53221 ZIP code is worth $293,039, up 3.8% over the past year as of 2026-08-01. The median list price is $298,700, and homes spend a median of 26 days on the market.

Updated August 2026Median value$293K

The median home value in Milwaukee, WI 53221 is $293K as of August 2026, up 3.8% 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 53221 range

$270K to $316K

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

+3.8% over 12 months

Typical home value in 53221 over the last 12 months: $282K in Aug 2025 to $293K in Aug 2026 (+3.8%).

Aug 2025$282K

Aug 2026$293K

The numbers

What is the 53221 housing market like?

Typical home value

$293K

Up3.8%YoY

Median list price

$299K

Down2.8%MoM

Days on market

26

Up8.3%MoM

Homes for sale

57

Up42.5%MoM

Price cuts

15.7%

Up77.1%MoM

New listings

36

Flat0.0%MoM

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

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The comparison

How do 53221 home prices compare?

  • 53221$293,039
  • 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 57 homes for sale in 53221 as of 2026-08-01, with 36 new listings coming on the market. The median list price is $298,700, and the median days on market is 26, which points to a market that is moving at a steady clip. The share of listings with a price cut is 15.7%, so most sellers are holding their asking prices. Typical home values are $293,039, up 3.8% over the past year. For a seller, the data suggests a market where well-priced homes attract buyers without long waits.

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