Far North Side · Franklin Heights · Grasslyn Manor · Roosevelt Grove · Sherman Park · Sunset Heights · West Side
Data as of July 2026. Source: Realtor.com.
The MILWAUKEE, WI real estate market (53216) currently shows 97 active listings, with 17 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.
Homes are selling faster, averaging 34 days on market compared to 39 days last year.
The median listing price has risen 6.5% year-over-year, from $177,450 to $189,000.
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 July 2026, there are 97 active listings in MILWAUKEE, WI (zip code 53216), compared to 57 the prior year.
The median listing price in MILWAUKEE, WI 53216 is $189,000 as of July 2026, a 6.5% increase from $177,450 the prior year.
Homes in MILWAUKEE, WI 53216 spend an average of 34 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MILWAUKEE, WI 53216 is currently a Balanced Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in MILWAUKEE, WI 53216 save an estimated $3,780 compared to a typical 5% commission on the median listing price of $189,000. 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.