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MILWAUKEE, WI 53209

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

Neighborhoods in ZIP 53209

Far North Side · Far Northwest Side

Market Analysis

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

The MILWAUKEE, WI real estate market (53209) currently shows 124 active listings, with 18 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 34 days last year.

The median listing price has risen 4.7% year-over-year, from $149,925 to $156,975.

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 Context

Market Context

Population: 46,441  ·  Density: 1,646.6/mi²  ·  Median household income: $42,436

Typical home value: $123,206  ·  Homeownership: 42.3%

Market Overview

Active Listings
124
⇧ 9.7% vs 113 last year
Pending
18
15% pending ratio
Median Price
$156,975
⇧ 4.7% vs $149,925 last year
Average Price
$191,934
⇧ 4.8% vs $183,079 last year
Days on Market
38
⇧ 11.8% vs 34 days last year

Price Per Square Foot

Median $/sqft
$142
⇧ 8.4% vs $131/sqft last year
Median Home Size
1,176 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 124 this year vs 113 last year
  • Days on market: 38 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $156,975 (+4.7% YoY)
  • Average: $191,934 (+4.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.9 miles — 569 listings ($236,542,777 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53209Milwaukee, WI 532090.0 mi117$23,585,211$177,450$201,583
53217Milwaukee, WI 532172.5 mi54$50,802,120$647,250$940,780
53216Milwaukee, WI 532163.3 mi66$11,805,090$172,980$178,865
53212Milwaukee, WI 532124.2 mi53$14,926,496$241,850$281,632
53211Milwaukee, WI 532114.5 mi34$26,300,666$571,725$773,549
53224Milwaukee, WI 532245.2 mi33$7,367,844$235,725$223,268
53222Milwaukee, WI 532225.5 mi55$15,999,720$269,925$290,904
53213Milwaukee, WI 532136.2 mi28$13,385,792$467,400$478,064
53092Mequon, WI 530926.4 mi44$30,331,488$492,500$689,352
53203Milwaukee, WI 532036.4 mi8$4,787,088$369,900$598,386
53204Milwaukee, WI 532047.7 mi27$7,082,937$236,325$262,331
53097Mequon, WI 530978.6 mi25$24,538,700$822,423$981,548
53215Milwaukee, WI 532158.9 mi25$5,629,625$231,150$225,185

Frequently Asked Questions

How many homes are for sale in MILWAUKEE, WI 53209?

As of April 2026, there are 124 active listings in MILWAUKEE, WI (zip code 53209), compared to 113 the prior year.

What is the median home price in MILWAUKEE, WI 53209?

The median listing price in MILWAUKEE, WI 53209 is $156,975 as of April 2026, a 4.7% increase from $149,925 the prior year.

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

Homes in MILWAUKEE, WI 53209 spend an average of 38 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in MILWAUKEE, WI 53209?

Based on current inventory and days-on-market data as of April 2026, MILWAUKEE, WI 53209 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 34 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 53209 save an estimated $3,140 compared to a typical 5% commission on the median listing price of $156,975. 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.