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MILWAUKEE, WI 53217

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

Market Overview

Active Listings
47
⇩ 17.5% vs 57 last year
Pending
8
17% pending ratio
Median Price
$527,500
⇧ 2.5% vs $514,500 last year
Average Price
$912,037
⇧ 26.2% vs $722,844 last year
Days on Market
58
⇩ 10.8% vs 65 days last year

Market Context

Population: 30,132  ·  Density: 825.9/mi²  ·  Median household income: $124,338

Typical home value: $407,220  ·  Homeownership: 75.4%

Market Analysis

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

The MILWAUKEE, WI real estate market (53217) currently shows 47 active listings, with 8 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 58 days on market compared to 65 days last year.

The median listing price has risen 2.5% year-over-year, from $514,500 to $527,500.

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: 47 this year vs 57 last year
  • Days on market: 58 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $527,500 (+2.5% YoY)
  • Average: $912,037 (+26.2% 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 10.7 miles — 519 listings ($169,852,627 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53217Milwaukee, WI 532170.0 mi47$42,865,739$527,500$912,037
53223Milwaukee, WI 532233.7 mi54$10,590,804$189,900$196,126
53218Milwaukee, WI 532184.9 mi80$14,240,800$169,900$178,010
53212Milwaukee, WI 532125.8 mi54$15,043,536$243,750$278,584
53216Milwaukee, WI 532165.8 mi51$8,865,075$169,900$173,825
53210Milwaukee, WI 532106.8 mi45$8,602,830$174,900$191,174
53205Milwaukee, WI 532057.2 mi10$1,807,130$152,400$180,713
53202Milwaukee, WI 532027.8 mi85$41,533,805$354,900$488,633
53208Milwaukee, WI 532088.1 mi28$6,817,188$219,900$243,471
53007Butler, WI 530078.5 mi3$974,850$339,950$324,950
53204Milwaukee, WI 532049.7 mi29$7,925,990$223,700$273,310
53052Menomonee Falls, WI 5305210.3 mi4$2,916,932$722,900$729,233
53214Milwaukee, WI 5321410.7 mi29$7,667,948$257,400$264,412

Frequently Asked Questions

How many homes are for sale in MILWAUKEE, WI 53217?

As of January 2026, there are 47 active listings in MILWAUKEE, WI (zip code 53217), compared to 57 the prior year.

What is the median home price in MILWAUKEE, WI 53217?

The median listing price in MILWAUKEE, WI 53217 is $527,500 as of January 2026, a 2.5% increase from $514,500 the prior year.

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

Homes in MILWAUKEE, WI 53217 spend an average of 58 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in MILWAUKEE, WI 53217?

Based on current inventory and days-on-market data as of January 2026, MILWAUKEE, WI 53217 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 58 days on market compared to 65 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 53217 save an estimated $10,550 compared to a typical 5% commission on the median listing price of $527,500. 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.