ZIP-level data · September 2026

Milwaukee, WI real estate prices by ZIP code

Across the Milwaukee, WI market, home prices range from $109,950 in ZIP 53206 (Milwaukee, Wi) to $588,225 in ZIP 53217 (Milwaukee, Wi) as of September 2026 — a 5.3-times spread across 29 tracked ZIP codes. The median ZIP lists near $280,000. Figures come from public records and industry data.

ZIPs covered29≥10 active listings each
Priciest ZIP$588,225ZIP 53217 · Milwaukee, Wi
Most affordable$109,950ZIP 53206 · Milwaukee, Wi

Which ZIP codes are most expensive in Milwaukee?

The most expensive ZIP code in Milwaukee is 53217 (Milwaukee, Wi) at a median $588,225, -1.9% year over year as of September 2026. It sits about 5.3 times higher than the market's most affordable ZIP. The three priciest ZIP codes are:

  • ZIP 53217 (Milwaukee, Wi) — $588,225 median, -1.9% year over year.
  • ZIP 53189 (Waukesha, Wi) — $548,700 median, -5.2% year over year.
  • ZIP 53188 (Waukesha, Wi) — $494,450 median, +30.1% year over year.

Which ZIP code is most affordable in Milwaukee?

The most affordable ZIP code in Milwaukee is 53206 (Milwaukee, Wi) at a median $109,950 as of September 2026, +9.7% year over year. Buyers trade up from $109,950 to $588,225 moving from this ZIP to the market's priciest, ZIP 53217.

Milwaukee home prices by ZIP code, ranked

All 29 Milwaukee-area ZIP codes with meaningful listing volume, ranked by median listing price as of September 2026. The table lists year-over-year price change, median days on market, active listings and price per square foot for each ZIP so you can compare neighborhoods directly.

Milwaukee, WI ZIP codes by median listing price, September 2026
#ZIPMedian priceYoYDOMActive$/sq ft
153217 · Milwaukee, Wi$588,225-1.9%3268$267
253189 · Waukesha, Wi$548,700-5.2%3757$251
353188 · Waukesha, Wi$494,450+30.1%3082$230
453202 · Milwaukee, Wi$439,975+28.3%59157$328
553213 · Milwaukee, Wi$435,975+9.6%3232$262
653211 · Milwaukee, Wi$413,500-15.3%5040$231
753226 · Milwaukee, Wi$407,450-1.2%2340$246
853186 · Waukesha, Wi$359,250+1.9%2847$223
953228 · Milwaukee, Wi$349,675-6.4%2925$204
1053207 · Milwaukee, Wi$330,000+10.0%3281$252
1153227 · Milwaukee, Wi$319,950+13.3%2744$209
1253220 · Milwaukee, Wi$317,450+5.1%2834$213
1353221 · Milwaukee, Wi$299,900+4.3%3161$207
1453204 · Milwaukee, Wi$294,675+22.9%6224$246
1553219 · Milwaukee, Wi$280,000+1.9%3163$218
1653212 · Milwaukee, Wi$274,900-12.7%3952$193
1753222 · Milwaukee, Wi$273,450+3.0%3369$191
1853214 · Milwaukee, Wi$272,450+2.8%2755$207
1953224 · Milwaukee, Wi$257,500-12.5%4045$166
2053215 · Milwaukee, Wi$249,900+8.9%2736$164
2153208 · Milwaukee, Wi$241,175-0.3%3735$143
2253225 · Milwaukee, Wi$227,450-10.8%3744$177
2353223 · Milwaukee, Wi$218,000-6.2%3672$165
2453205 · Milwaukee, Wi$214,225-20.3%9614$135
2553210 · Milwaukee, Wi$189,475-2.2%5250$113
2653216 · Milwaukee, Wi$184,495+9.6%4670$134
2753209 · Milwaukee, Wi$175,000+10.6%39128$144
2853218 · Milwaukee, Wi$159,900-7.8%5299$147
2953206 · Milwaukee, Wi$109,950+9.7%8564$67

Which Milwaukee ZIP codes are moving fastest?

ZIP 53226 (Milwaukee, Wi) has the fastest-selling homes in Milwaukee, at a median 23 days on market as of September 2026. On price growth, ZIP 53188 (Waukesha, Wi) leads at +30.1% year over year. Faster sales and higher year-over-year gains signal stronger local demand.

Milwaukee ZIP code real estate FAQ

What is the most expensive ZIP code in Milwaukee?
The most expensive ZIP code in Milwaukee, WI is 53217 (Milwaukee, Wi), with a median listing price of $588,225 as of September 2026 — -1.9% year over year. It is the priciest of the 29 Milwaukee-area ZIP codes with enough active listings to measure.
What is the most affordable ZIP code in Milwaukee?
The most affordable ZIP code in Milwaukee is 53206 (Milwaukee, Wi), at a median $109,950 as of September 2026. That is roughly 5.3 times lower than the market's priciest ZIP, 53217, at $588,225 — the gap that neighborhood choice makes in Milwaukee.
How much do home prices vary by ZIP code in Milwaukee?
Home prices in Milwaukee range from $109,950 to $588,225 across 29 tracked ZIP codes — a 5.3-times spread, September 2026. The median ZIP lists near $280,000. ZIP-level medians shift month to month because each rests on a small sample of listings.
Which Milwaukee ZIP code has the fastest-selling homes?
As of September 2026, ZIP 53226 (Milwaukee, Wi) has the fastest-selling homes in Milwaukee, at a median 23 days on market. A lower days-on-market figure usually points to stronger buyer demand relative to the supply of homes for sale in that ZIP code.
How many ZIP codes are in the Milwaukee real estate market?
This page tracks 29 ZIP codes in the Milwaukee, WI market — every ZIP matched to the metro by place name with at least 10 active listings as of September 2026. ZIP codes with fewer active listings are left out because small samples make their medians unreliable.
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Based on public records and industry data, September 2026 — see our methodology. ZIPs are matched to the Milwaukee market by place name and require at least 10 active listings; small samples make ZIP medians volatile month to month. Not investment advice. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

Samuel Okonkwo Property Investment Analyst

Samuel Okonkwo is a property investment analyst who covers cap rates, cash-flow modeling and rental-property ROI for single-family and small multifamily investors. He builds his models from public rent and price data to help readers compare markets objectively.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.