Market Intelligence · WI / Milwaukee

Milwaukee, WI 53228 Housing Market

The typical home value in Milwaukee's 53228 ZIP code is $369,654, up 4.1% over the past year. The median list price sits at $369,900, and homes are taking a median of 28 days on market as of 2026-06-01.

Updated June 2026Median value$370K

The median home value in Milwaukee, WI 53228 is $370K as of June 2026, up 4.1% 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 53228 range

$340K to $399K

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

+4.1% over 12 months

Typical home value in 53228 over the last 12 months: $355K in Jun 2025 to $370K in Jun 2026 (+4.1%).

Jun 2025$355K

Jun 2026$370K

The numbers

What is the 53228 housing market like?

Typical home value

$370K

Up4.1%YoY

Median list price

$370K

Days on market

28

Down28.2%MoM

Homes for sale

22

Price cuts

10.1%

New listings

18

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

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The comparison

How do 53228 home prices compare?

  • 53228$369,654
  • 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 2026-06-01, there are 22 homes for sale in 53228, with 18 new listings entering the market. The median list price of $369,900 lines up closely with the typical home value of $369,654. Homes are moving at a median of 28 days on market, and 10.1% of listings have had a price cut. The typical home value is up 4.1% over the past year. For sellers, the numbers point to a market with steady demand, so pricing in line with recent value trends matters.

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