Population: 39,066 · Density: 1,674.2/mi² · Median household income: $57,143
Typical home value: $188,015 · Homeownership: 56.8%
Data as of January 2026. Source: Realtor.com.
The MILWAUKEE, WI real estate market (53221) currently shows 41 active listings, with 6 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 50 days on market compared to 43 days last year.
The median listing price has risen 4.3% year-over-year, from $287,450 to $299,900.
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 $ |
|---|---|---|---|---|---|---|
| 53221 | Milwaukee, WI 53221 | 0.0 mi | 41 | $12,174,827 | $299,900 | $296,947 |
| 53220 | Milwaukee, WI 53220 | 2.5 mi | 32 | $8,870,848 | $270,000 | $277,214 |
| 53215 | Milwaukee, WI 53215 | 3.1 mi | 24 | $5,414,952 | $229,900 | $225,623 |
| 53235 | Saint Francis, WI 53235 | 3.8 mi | 49 | $21,416,675 | $402,500 | $437,075 |
| 53204 | Milwaukee, WI 53204 | 4.5 mi | 29 | $7,925,990 | $223,700 | $273,310 |
| 53228 | Milwaukee, WI 53228 | 5.1 mi | 15 | $4,918,965 | $319,900 | $327,931 |
| 53154 | Oak Creek, WI 53154 | 5.6 mi | 41 | $17,569,402 | $439,900 | $428,522 |
| 53132 | Franklin, WI 53132 | 5.8 mi | 67 | $31,803,560 | $400,000 | $474,680 |
| 53203 | Milwaukee, WI 53203 | 6.0 mi | 4 | $2,589,900 | $559,950 | $647,475 |
| 53202 | Milwaukee, WI 53202 | 6.7 mi | 85 | $41,533,805 | $354,900 | $488,633 |
| 53213 | Milwaukee, WI 53213 | 7.2 mi | 20 | $8,600,700 | $399,900 | $430,035 |
| 53210 | Milwaukee, WI 53210 | 8.1 mi | 45 | $8,602,830 | $174,900 | $191,174 |
| 53206 | Milwaukee, WI 53206 | 8.4 mi | 60 | $5,971,140 | $89,320 | $99,519 |
As of January 2026, there are 41 active listings in MILWAUKEE, WI (zip code 53221), compared to 47 the prior year.
The median listing price in MILWAUKEE, WI 53221 is $299,900 as of January 2026, a 4.3% increase from $287,450 the prior year.
Homes in MILWAUKEE, WI 53221 spend an average of 50 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MILWAUKEE, WI 53221 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 50 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in MILWAUKEE, WI 53221 save an estimated $5,998 compared to a typical 5% commission on the median listing price of $299,900. 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.