Milwaukee, WI Home Values (2026)
The median home value in Milwaukee is about $231,000 (~$163/sq ft) — 20% more affordable than the typical U.S. home. Below: how Milwaukee compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Milwaukee?
Here’s what the numbers say about housing costs in Milwaukee. A typical home runs about $231,000, which is 20% more affordable than the national median and 26% more affordable than the Wisconsin average. At roughly $163 per square foot, a median budget here buys you around 1,420 sq ft of home.
Prices swing a lot by neighborhood: across Milwaukee’s 20 ZIP codes, the most affordable is 53206 (~$94,000) and the priciest is 53203 (~$384,000) — roughly a 4.1× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Milwaukee home value by size
Using the local rate of about $163 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $163,000 |
| 1,500 sq ft | $244,500 |
| 2,000 sq ft | $326,000 |
| 2,500 sq ft | $407,500 |
| 3,000 sq ft | $489,000 |
Estimate your specific home in Milwaukee
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Milwaukee, WI
Typical value and price per square foot for each Milwaukee ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 53203 | $384,000 | $323 |
| 53202 | $371,000 | $273 |
| 53207 | $315,000 | $254 |
| 53221 | $297,000 | $197 |
| 53219 | $276,000 | $221 |
| 53222 | $270,000 | $197 |
| 53224 | $245,000 | $161 |
| 53225 | $243,000 | $175 |
| 53208 | $242,000 | $144 |
| 53223 | $236,000 | $148 |
| 53215 | $226,000 | $165 |
| 53212 | $221,000 | $188 |
| 53233 | $200,000 | $61 |
| 53216 | $180,000 | $133 |
| 53210 | $173,000 | $123 |
| 53218 | $171,000 | $149 |
| 53204 | $170,000 | $204 |
| 53209 | $170,000 | $141 |
| 53205 | $165,000 | $139 |
| 53206 | $94,000 | $74 |
Grow your home’s value in Milwaukee
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Milwaukee stacks up against other Wisconsin cities on the Wisconsin home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.