Population: 23,263 · Density: 1,755.2/mi² · Median household income: $68,533
Typical home value: $196,287 · Homeownership: 47.5%
Data as of January 2026. Source: Realtor.com.
The MILWAUKEE, WI real estate market (53227) currently shows 25 active listings, with 3 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 51 days on market compared to 40 days last year.
The median listing price has risen 4.8% year-over-year, from $279,900 to $293,250.
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 $ |
|---|---|---|---|---|---|---|
| 53227 | Milwaukee, WI 53227 | 0.0 mi | 25 | $7,655,725 | $293,250 | $306,229 |
| 53214 | Milwaukee, WI 53214 | 2.2 mi | 29 | $7,667,948 | $257,400 | $264,412 |
| 53151 | New Berlin, WI 53151 | 3.2 mi | 26 | $11,601,538 | $389,000 | $446,213 |
| 53226 | Milwaukee, WI 53226 | 3.7 mi | 15 | $6,643,560 | $452,500 | $442,904 |
| 53213 | Milwaukee, WI 53213 | 4.2 mi | 20 | $8,600,700 | $399,900 | $430,035 |
| 53129 | Greendale, WI 53129 | 4.5 mi | 7 | $2,607,381 | $312,500 | $372,483 |
| 53208 | Milwaukee, WI 53208 | 5.2 mi | 28 | $6,817,188 | $219,900 | $243,471 |
| 53221 | Milwaukee, WI 53221 | 5.8 mi | 41 | $12,174,827 | $299,900 | $296,947 |
| 53146 | New Berlin, WI 53146 | 6.1 mi | 7 | $2,662,198 | $382,500 | $380,314 |
| 53210 | Milwaukee, WI 53210 | 6.1 mi | 45 | $8,602,830 | $174,900 | $191,174 |
| 53203 | Milwaukee, WI 53203 | 7.0 mi | 4 | $2,589,900 | $559,950 | $647,475 |
| 53045 | Brookfield, WI 53045 | 7.1 mi | 56 | $39,332,776 | $595,000 | $702,371 |
| 53132 | Franklin, WI 53132 | 7.8 mi | 67 | $31,803,560 | $400,000 | $474,680 |
As of January 2026, there are 25 active listings in MILWAUKEE, WI (zip code 53227), compared to 21 the prior year.
The median listing price in MILWAUKEE, WI 53227 is $293,250 as of January 2026, a 4.8% increase from $279,900 the prior year.
Homes in MILWAUKEE, WI 53227 spend an average of 51 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MILWAUKEE, WI 53227 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in MILWAUKEE, WI 53227 save an estimated $5,865 compared to a typical 5% commission on the median listing price of $293,250. 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.