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MILWAUKEE, WI 53202

Real Estate Market Report  ·  Milwaukee County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
85
⇧ 9% vs 78 last year
Pending
4
5% pending ratio
Median Price
$354,900
⇧ 6.7% vs $332,500 last year
Average Price
$488,633
⇩ 7.2% vs $526,312 last year
Days on Market
84
⇧ 58.5% vs 53 days last year

Market Context

Population: 25,850  ·  Density: 4,699.6/mi²  ·  Median household income: $62,505

Typical home value: $286,415  ·  Homeownership: 21.3%

Market Analysis

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

The MILWAUKEE, WI real estate market (53202) currently shows 85 active listings, with 4 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 84 days on market compared to 53 days last year.

The median listing price has risen 6.7% year-over-year, from $332,500 to $354,900.

Whether you are buying or selling in 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: 85 this year vs 78 last year
  • Days on market: 84 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $354,900 (+6.7% YoY)
  • Average: $488,633 (-7.2% 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 8.0 miles — 604 listings ($154,833,172 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53202Milwaukee, WI 532020.0 mi85$41,533,805$354,900$488,633
53205Milwaukee, WI 532051.8 mi10$1,807,130$152,400$180,713
53204Milwaukee, WI 532042.3 mi29$7,925,990$223,700$273,310
53206Milwaukee, WI 532062.7 mi60$5,971,140$89,320$99,519
53215Milwaukee, WI 532154.0 mi24$5,414,952$229,900$225,623
53216Milwaukee, WI 532164.8 mi51$8,865,075$169,900$173,825
53213Milwaukee, WI 532135.2 mi20$8,600,700$399,900$430,035
53219Milwaukee, WI 532195.8 mi53$12,900,571$249,900$243,407
53209Milwaukee, WI 532096.2 mi102$19,911,624$169,250$195,212
53218Milwaukee, WI 532186.7 mi80$14,240,800$169,900$178,010
53226Milwaukee, WI 532267.2 mi15$6,643,560$452,500$442,904
53222Milwaukee, WI 532227.3 mi50$13,362,100$250,000$267,242
53227Milwaukee, WI 532278.0 mi25$7,655,725$293,250$306,229

Frequently Asked Questions

How many homes are for sale in MILWAUKEE, WI 53202?

As of January 2026, there are 85 active listings in MILWAUKEE, WI (zip code 53202), compared to 78 the prior year.

What is the median home price in MILWAUKEE, WI 53202?

The median listing price in MILWAUKEE, WI 53202 is $354,900 as of January 2026, a 6.7% increase from $332,500 the prior year.

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

Homes in MILWAUKEE, WI 53202 spend an average of 84 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in MILWAUKEE, WI 53202?

Based on current inventory and days-on-market data as of January 2026, MILWAUKEE, WI 53202 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 53 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILWAUKEE, WI 53202 save an estimated $7,098 compared to a typical 5% commission on the median listing price of $354,900. 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.