Far North Side · Franklin Heights · Grasslyn Manor · Roosevelt Grove · Sherman Park · Sunset Heights · West Side
Data as of April 2026. Source: Realtor.com.
The MILWAUKEE, WI real estate market (53216) currently shows 81 active listings, with 16 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are selling faster, averaging 31 days on market compared to 38 days last year.
The median listing price has fallen 5.1% year-over-year, from $169,925 to $161,175.
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.
Population: 31,030 · Density: 2,598.7/mi² · Median household income: $41,733
Typical home value: $114,493 · Homeownership: 45.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 53216 | Milwaukee, WI 53216 | 0.0 mi | 66 | $11,805,090 | $172,980 | $178,865 |
| 53218 | Milwaukee, WI 53218 | 2.1 mi | 112 | $19,130,720 | $165,000 | $170,810 |
| 53208 | Milwaukee, WI 53208 | 2.9 mi | 32 | $7,848,288 | $249,000 | $245,259 |
| 53222 | Milwaukee, WI 53222 | 3.0 mi | 55 | $15,999,720 | $269,925 | $290,904 |
| 53209 | Milwaukee, WI 53209 | 3.3 mi | 117 | $23,585,211 | $177,450 | $201,583 |
| 53225 | Milwaukee, WI 53225 | 3.8 mi | 54 | $13,166,820 | $242,500 | $243,830 |
| 53203 | Milwaukee, WI 53203 | 4.5 mi | 8 | $4,787,088 | $369,900 | $598,386 |
| 53202 | Milwaukee, WI 53202 | 4.8 mi | 96 | $48,367,776 | $343,200 | $503,831 |
| 53007 | Butler, WI 53007 | 5.0 mi | 2 | $687,300 | $343,650 | $343,650 |
| 53204 | Milwaukee, WI 53204 | 5.4 mi | 27 | $7,082,937 | $236,325 | $262,331 |
| 53122 | Elm Grove, WI 53122 | 6.2 mi | 13 | $10,457,226 | $534,950 | $804,402 |
| 53215 | Milwaukee, WI 53215 | 6.2 mi | 25 | $5,629,625 | $231,150 | $225,185 |
| 53005 | Brookfield, WI 53005 | 6.4 mi | 31 | $21,727,311 | $548,675 | $700,881 |
As of April 2026, there are 81 active listings in MILWAUKEE, WI (zip code 53216), compared to 66 the prior year.
The median listing price in MILWAUKEE, WI 53216 is $161,175 as of April 2026, a 5.1% decrease from $169,925 the prior year.
Homes in MILWAUKEE, WI 53216 spend an average of 31 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MILWAUKEE, WI 53216 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in MILWAUKEE, WI 53216 save an estimated $3,224 compared to a typical 5% commission on the median listing price of $161,175. 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.