Market Intelligence · WI / Milwaukee

Milwaukee, WI 53221 Housing Market

The typical home value in Milwaukee's 53221 ZIP code is $299,533, up 3.7% over the past year as of June 1, 2026. The median list price sits at $304,700, and homes are taking a median of 33 days on market.

Updated June 2026Median value$300K

The median home value in Milwaukee, WI 53221 is $300K as of June 2026, up 3.7% 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

$276K to $323K

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

+3.7% over 12 months

Typical home value in 53221 over the last 12 months: $289K in Jun 2025 to $300K in Jun 2026 (+3.7%).

Jun 2025$289K

Jun 2026$300K

The numbers

What is the 53221 housing market like?

Typical home value

$300K

Up3.7%YoY

Median list price

$305K

Days on market

33

Down8.3%MoM

Homes for sale

40

Price cuts

9.1%

New listings

28

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

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The comparison

How do 53221 home prices compare?

  • 53221$299,533
  • 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 are 40 homes for sale in 53221, with 28 new listings added recently. The median list price is $304,700, while the typical home value is $299,533, up 3.7% over the past year. Homes are spending a median of 33 days on market, and 9.1% of listings have had a price cut. For a seller, the numbers point to a steady market where reasonable pricing still matters.

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