Population: 26,931 · Density: 1,872.5/mi² · Median household income: $68,421
Typical home value: $203,157 · Homeownership: 57.4%
Data as of January 2026. Source: Realtor.com.
The MILWAUKEE, WI real estate market (53220) currently shows 32 active listings, with 3 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are selling faster, averaging 38 days on market compared to 45 days last year.
The median listing price has fallen 6.5% year-over-year, from $288,725 to $270,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 53220 | Milwaukee, WI 53220 | 0.0 mi | 32 | $8,870,848 | $270,000 | $277,214 |
| 53219 | Milwaukee, WI 53219 | 2.1 mi | 53 | $12,900,571 | $249,900 | $243,407 |
| 53228 | Milwaukee, WI 53228 | 2.6 mi | 15 | $4,918,965 | $319,900 | $327,931 |
| 53227 | Milwaukee, WI 53227 | 3.3 mi | 25 | $7,655,725 | $293,250 | $306,229 |
| 53214 | Milwaukee, WI 53214 | 4.0 mi | 29 | $7,667,948 | $257,400 | $264,412 |
| 53204 | Milwaukee, WI 53204 | 4.9 mi | 29 | $7,925,990 | $223,700 | $273,310 |
| 53132 | Franklin, WI 53132 | 5.6 mi | 67 | $31,803,560 | $400,000 | $474,680 |
| 53213 | Milwaukee, WI 53213 | 5.8 mi | 20 | $8,600,700 | $399,900 | $430,035 |
| 53203 | Milwaukee, WI 53203 | 6.3 mi | 4 | $2,589,900 | $559,950 | $647,475 |
| 53110 | Cudahy, WI 53110 | 6.6 mi | 21 | $5,922,987 | $279,900 | $282,047 |
| 53210 | Milwaukee, WI 53210 | 7.2 mi | 45 | $8,602,830 | $174,900 | $191,174 |
| 53154 | Oak Creek, WI 53154 | 7.4 mi | 41 | $17,569,402 | $439,900 | $428,522 |
| 53122 | Elm Grove, WI 53122 | 7.5 mi | 8 | $4,894,160 | $439,950 | $611,770 |
As of January 2026, there are 32 active listings in MILWAUKEE, WI (zip code 53220), compared to 23 the prior year.
The median listing price in MILWAUKEE, WI 53220 is $270,000 as of January 2026, a 6.5% decrease from $288,725 the prior year.
Homes in MILWAUKEE, WI 53220 spend an average of 38 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MILWAUKEE, WI 53220 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in MILWAUKEE, WI 53220 save an estimated $5,400 compared to a typical 5% commission on the median listing price of $270,000. 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.