Market Intelligence · WI / Milwaukee

Milwaukee, WI 53223 Housing Market

The typical home value in Milwaukee's 53223 ZIP code is $236,652, up 4.7% over the past year. The median list price sits at $256,725, and homes are taking a median of 27 days on the market.

Updated June 2026Median value$237K

The median home value in Milwaukee, WI 53223 is $237K as of June 2026, up 4.7% 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 53223 range

$218K to $256K

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

+4.7% over 12 months

Typical home value in 53223 over the last 12 months: $226K in Jun 2025 to $237K in Jun 2026 (+4.7%).

Jun 2025$226K

Jun 2026$237K

The numbers

What is the 53223 housing market like?

Typical home value

$237K

Up4.7%YoY

Median list price

$257K

Days on market

27

Down36.5%MoM

Homes for sale

48

Price cuts

10.7%

New listings

38

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

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The comparison

How do 53223 home prices compare?

  • 53223$236,652
  • 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 48 homes for sale in 53223, with 38 new listings coming onto the market. The median list price is $256,725, while the typical home value is $236,652, up 4.7% over the past year. Homes here reach a median of 27 days on the market. About 10.7% of listings have had a price cut. For a seller, this points to a market with steady demand but enough active inventory that pricing carefully still matters.

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