How much is a home in 53224 worth?

The typical home value in 53224 is $247,008, up 4.0% over the past year.

How fast do homes sell in 53224?

Homes in 53224 spend a median of 35 days on the market.

Are sellers cutting prices in 53224?

Yes. 40.0% of listings in 53224 have had a price cut, while the median list price is $262,500.

Market Intelligence · WI / Milwaukee

Milwaukee, WI 53224 Housing Market

The typical home value in Milwaukee, WI 53224 is $247,008, up 4.0% over the past year. Homes are listed at a median price of $262,500 and spend a median of 35 days on the market.

Updated August 2026Median value$247K

The median home value in Milwaukee, WI 53224 is $247K as of August 2026, up 4.0% 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 53224 range

$227K to $267K

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

+4.0% over 12 months

Aug 2025$238K

Low $238KHigh $247K

Aug 2026$247K

The numbers

What is the 53224 housing market like?

As of August 2026

Typical home value

$247K

4.0%YoY

Median list price

$263K

6.2%MoM

Days on market

40.0%MoM

Homes for sale

0.0%MoM

Price cuts

40.0%

56.0%MoM

New listings

71.4%MoM

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

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The comparison

How do 53224 home prices compare?

53224$247,008
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 44 homes for sale in 53224, with 8 new listings coming on recently. The median list price is $262,500, and homes are selling in a median of 35 days. That pace is moderate, not frantic. At the same time, 40.0% of listings have had a price cut, which suggests many sellers are starting above what buyers will pay. Even so, typical home values are up 4.0% over the past year. For a seller, the takeaway is simple: price realistically from the start and the market will likely work with you.

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