Market Intelligence · WI / Milwaukee

Milwaukee, WI 53233 Housing Market

The typical home value in Milwaukee, WI 53233 is $191,587, down 3.0% over the past year as of 2026-08-01. The median list price is $143,700, and homes are spending a median of 105 days on market.

Updated August 2026Median value$192K

The median home value in Milwaukee, WI 53233 is $192K as of August 2026, down 3.0% 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.

Get a cash offer

Sell without the wait

Sell your Milwaukee home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 53233 range

$176K to $207K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 53233 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Milwaukee, WI.

12-month value trend

-3.0% over 12 months

Typical home value in 53233 over the last 12 months: $197K in Aug 2025 to $192K in Aug 2026 (-3.0%).

Aug 2025$197K

Aug 2026$192K

The numbers

What is the 53233 housing market like?

Typical home value

$192K

Down3.0%YoY

Median list price

$144K

Down12.9%MoM

Days on market

105

Up200.0%MoM

Homes for sale

2

Down33.3%MoM

Price cuts

0.0%

New listings

0

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

Free home value report

See what your 53233 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 53233 home prices compare?

  • 53233$191,587
  • 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

This is a very small market right now. Only 2 homes are for sale in 53233, and new listings came in at 0 as of 2026-08-01. Sellers are not cutting prices, with the share of listings with a price cut at 0.0%. Even so, the typical home value of $191,587 is down 3.0% over the past year, and the median of 105 days on market means sales take time. A seller here should expect a slow pace and plan for patience rather than a quick bidding situation.

Monthly payment

Estimate your monthly payment.

20% · $38,317

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.