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MILWAUKEE, WI 53208

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

Market Overview

Active Listings
28
⇩ 6.7% vs 30 last year
Pending
6
21% pending ratio
Median Price
$219,900
⇩ 15.4% vs $259,925 last year
Average Price
$243,471
⇩ 8.4% vs $265,860 last year
Days on Market
58
⇧ 93.3% vs 30 days last year

Market Context

Population: 27,660  ·  Density: 2,527.8/mi²  ·  Median household income: $44,348

Typical home value: $177,310  ·  Homeownership: 40.0%

Market Analysis

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

The MILWAUKEE, WI real estate market (53208) currently shows 28 active listings, with 6 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 58 days on market compared to 30 days last year.

The median listing price has fallen 15.4% year-over-year, from $259,925 to $219,900.

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: 28 this year vs 30 last year
  • Days on market: 58 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $219,900 (-15.4% YoY)
  • Average: $243,471 (-8.4% 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 6.7 miles — 500 listings ($147,300,358 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53208Milwaukee, WI 532080.0 mi28$6,817,188$219,900$243,471
53205Milwaukee, WI 532051.7 mi10$1,807,130$152,400$180,713
53203Milwaukee, WI 532032.6 mi4$2,589,900$559,950$647,475
53204Milwaukee, WI 532042.8 mi29$7,925,990$223,700$273,310
53214Milwaukee, WI 532143.1 mi29$7,667,948$257,400$264,412
53202Milwaukee, WI 532023.4 mi85$41,533,805$354,900$488,633
53219Milwaukee, WI 532193.7 mi53$12,900,571$249,900$243,407
53222Milwaukee, WI 532224.3 mi50$13,362,100$250,000$267,242
53218Milwaukee, WI 532185.0 mi80$14,240,800$169,900$178,010
53220Milwaukee, WI 532205.7 mi32$8,870,848$270,000$277,214
53207Milwaukee, WI 532076.1 mi38$13,051,366$339,000$343,457
53225Milwaukee, WI 532256.1 mi47$11,613,747$244,950$247,101
53228Milwaukee, WI 532286.7 mi15$4,918,965$319,900$327,931

Frequently Asked Questions

How many homes are for sale in MILWAUKEE, WI 53208?

As of January 2026, there are 28 active listings in MILWAUKEE, WI (zip code 53208), compared to 30 the prior year.

What is the median home price in MILWAUKEE, WI 53208?

The median listing price in MILWAUKEE, WI 53208 is $219,900 as of January 2026, a 15.4% decrease from $259,925 the prior year.

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

Homes in MILWAUKEE, WI 53208 spend an average of 58 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in MILWAUKEE, WI 53208?

Based on current inventory and days-on-market data as of January 2026, MILWAUKEE, WI 53208 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 58 days on market compared to 30 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 53208 save an estimated $4,398 compared to a typical 5% commission on the median listing price of $219,900. 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.