Call or Text (240) SELL-123
Far Northwest Side

MILWAUKEE, WI 53224

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 53224

Far Northwest Side

Market Analysis

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

The MILWAUKEE, WI real estate market (53224) currently shows 43 active listings, with 8 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 34 days on market compared to 30 days last year.

The median listing price has fallen 12% year-over-year, from $276,950 to $243,725.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MILWAUKEE, WI 53224 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 21,469  ·  Density: 817.6/mi²  ·  Median household income: $63,763

Typical home value: $168,657  ·  Homeownership: 49.6%

Market Overview

Active Listings
43
⇧ 22.9% vs 35 last year
Pending
8
19% pending ratio
Median Price
$243,725
⇩ 12% vs $276,950 last year
Average Price
$222,770
⇩ 21.7% vs $284,621 last year
Days on Market
34
⇧ 13.3% vs 30 days last year

Price Per Square Foot

Median $/sqft
$155
⇩ 1.3% vs $157/sqft last year
Median Home Size
1,318 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 35 last year
  • Days on market: 34 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $243,725 (-12% YoY)
  • Average: $222,770 (-21.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.3 miles — 530 listings ($212,375,345 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53224Milwaukee, WI 532240.0 mi33$7,367,844$235,725$223,268
53225Milwaukee, WI 532253.4 mi54$13,166,820$242,500$243,830
53007Butler, WI 530074.2 mi2$687,300$343,650$343,650
53051Menomonee Falls, WI 530514.4 mi100$67,943,800$668,650$679,438
53222Milwaukee, WI 532225.6 mi55$15,999,720$269,925$290,904
53097Mequon, WI 530975.9 mi25$24,538,700$822,423$981,548
53046Lannon, WI 530466.2 mi25$15,098,575$579,900$603,943
53216Milwaukee, WI 532166.2 mi66$11,805,090$172,980$178,865
53005Brookfield, WI 530057.6 mi31$21,727,311$548,675$700,881
53206Milwaukee, WI 532068.1 mi63$6,775,083$99,095$107,541
53122Elm Grove, WI 531228.3 mi13$10,457,226$534,950$804,402
53212Milwaukee, WI 532129.0 mi53$14,926,496$241,850$281,632
53205Milwaukee, WI 532059.3 mi10$1,881,380$173,675$188,138

Frequently Asked Questions

How many homes are for sale in MILWAUKEE, WI 53224?

As of March 2026, there are 43 active listings in MILWAUKEE, WI (zip code 53224), compared to 35 the prior year.

What is the median home price in MILWAUKEE, WI 53224?

The median listing price in MILWAUKEE, WI 53224 is $243,725 as of March 2026, a 12% decrease from $276,950 the prior year.

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

Homes in MILWAUKEE, WI 53224 spend an average of 34 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in MILWAUKEE, WI 53224?

Based on current inventory and days-on-market data as of March 2026, MILWAUKEE, WI 53224 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 30 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 53224 save an estimated $4,875 compared to a typical 5% commission on the median listing price of $243,725. 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.