Southwest Side
Data as of September 2026. Source: Realtor.com.
The MILWAUKEE, WI real estate market (53227) currently shows 49 active listings, with 5 pending sales. Homes are averaging 27 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 27 days on market compared to 25 days last year.
The median listing price has risen 13.3% year-over-year, from $282,400 to $319,950.
Population: 23,263 · Density: 1,755.2/mi² · Median household income: $68,533
Typical home value: $196,287 · Homeownership: 47.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 53227 | Milwaukee, WI 53227 | 0.0 mi | 19 | $5,804,785 | $305,400 | $305,515 |
| 53214 | Milwaukee, WI 53214 | 2.2 mi | 39 | $9,937,239 | $266,200 | $254,801 |
| 53151 | New Berlin, WI 53151 | 3.2 mi | 29 | $12,861,819 | $414,900 | $443,511 |
| 53226 | Milwaukee, WI 53226 | 3.7 mi | 19 | $8,710,550 | $432,225 | $458,450 |
| 53213 | Milwaukee, WI 53213 | 4.2 mi | 28 | $13,385,792 | $467,400 | $478,064 |
| 53129 | Greendale, WI 53129 | 4.5 mi | 8 | $2,725,464 | $297,500 | $340,683 |
| 53208 | Milwaukee, WI 53208 | 5.2 mi | 32 | $7,848,288 | $249,000 | $245,259 |
| 53221 | Milwaukee, WI 53221 | 5.8 mi | 37 | $10,667,063 | $297,225 | $288,299 |
| 53146 | New Berlin, WI 53146 | 6.1 mi | 5 | $1,853,815 | $361,000 | $370,763 |
| 53210 | Milwaukee, WI 53210 | 6.1 mi | 52 | $9,878,336 | $181,500 | $189,968 |
| 53203 | Milwaukee, WI 53203 | 7.0 mi | 8 | $4,787,088 | $369,900 | $598,386 |
| 53045 | Brookfield, WI 53045 | 7.1 mi | 58 | $41,238,638 | $622,400 | $711,011 |
| 53132 | Franklin, WI 53132 | 7.8 mi | 60 | $30,496,440 | $476,200 | $508,274 |
As of September 2026, there are 49 active listings in MILWAUKEE, WI (zip code 53227), compared to 39 the prior year.
The median listing price in MILWAUKEE, WI 53227 is $319,950 as of September 2026, a 13.3% increase from $282,400 the prior year.
Homes in MILWAUKEE, WI 53227 spend an average of 27 days on the market before going under contract, compared to 25 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MILWAUKEE, WI 53227 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 27 days on market compared to 25 days last year.
With SELL123.com's maximum 3% commission, sellers in MILWAUKEE, WI 53227 save an estimated $6,399 compared to a typical 5% commission on the median listing price of $319,950. 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.