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SOUTH MILWAUKEE, WI 53172

Real Estate Market Report  ·  Milwaukee County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
13
⇩ 7.1% vs 14 last year
Pending
2
15% pending ratio
Median Price
$269,900
⇩ 13.9% vs $313,475 last year
Average Price
$301,573
⇩ 7.6% vs $326,215 last year
Days on Market
46
⇧ 7% vs 43 days last year

Market Context

Population: 20,678  ·  Density: 1,653.5/mi²  ·  Median household income: $68,801

Typical home value: $201,059  ·  Homeownership: 65.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SOUTH MILWAUKEE, WI real estate market (53172) currently shows 13 active listings, with 2 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 46 days on market compared to 43 days last year.

The median listing price has fallen 13.9% year-over-year, from $313,475 to $269,900.

Whether you are buying or selling in SOUTH MILWAUKEE, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 14 last year
  • Days on market: 46 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $269,900 (-13.9% YoY)
  • Average: $301,573 (-7.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.5 miles — 353 listings ($132,777,395 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53172South Milwaukee, WI 531720.0 mi13$3,920,449$269,900$301,573
53154Oak Creek, WI 531542.9 mi41$17,569,402$439,900$428,522
53207Milwaukee, WI 532074.6 mi38$13,051,366$339,000$343,457
53129Greendale, WI 531297.2 mi7$2,607,381$312,500$372,483
53220Milwaukee, WI 532207.5 mi32$8,870,848$270,000$277,214
53132Franklin, WI 531327.7 mi67$31,803,560$400,000$474,680
53402Racine, WI 534028.1 mi48$19,801,056$325,000$412,522
53203Milwaukee, WI 532039.1 mi4$2,589,900$559,950$647,475
53130Hales Corners, WI 531309.6 mi7$2,883,601$415,000$411,943
53205Milwaukee, WI 5320510.4 mi10$1,807,130$152,400$180,713
53227Milwaukee, WI 5322710.8 mi25$7,655,725$293,250$306,229
53126Franksville, WI 5312610.9 mi7$5,173,441$564,900$739,063
53212Milwaukee, WI 5321211.5 mi54$15,043,536$243,750$278,584

Frequently Asked Questions

How many homes are for sale in SOUTH MILWAUKEE, WI 53172?

As of January 2026, there are 13 active listings in SOUTH MILWAUKEE, WI (zip code 53172), compared to 14 the prior year.

What is the median home price in SOUTH MILWAUKEE, WI 53172?

The median listing price in SOUTH MILWAUKEE, WI 53172 is $269,900 as of January 2026, a 13.9% decrease from $313,475 the prior year.

How long do homes stay on the market in SOUTH MILWAUKEE, WI?

Homes in SOUTH MILWAUKEE, WI 53172 spend an average of 46 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in SOUTH MILWAUKEE, WI 53172?

Based on current inventory and days-on-market data as of January 2026, SOUTH MILWAUKEE, WI 53172 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 43 days last year.

How much can I save on real estate commission in SOUTH MILWAUKEE, WI?

With SELL123.com's maximum 3% commission, sellers in SOUTH MILWAUKEE, WI 53172 save an estimated $5,398 compared to a typical 5% commission on the median listing price of $269,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.