House Prices

House Prices & Home Values Milwaukee, WI 2026


Average Data

average house price$191,185
average size per house1638 ft²
average price per ft²117 $ / ft²

01/17/2026 - The value range (VR) for house prices in Milwaukee, WI is $20/ sqft to $229/ sqft. An average home with 1638 sqft costs approximately $32,760 to $375,102. Milwaukee, WI includes 29 ZIP codes and it is located in Milwaukee county. The lowest prices are found in ZIP 53206, while the highest are in ZIP 53203. The average price per sqare feet is $117. Our analysis is based on 394 property listings.

Avergage prices by ZIP codes Milwaukee

53202217 $ / ft²
53203244 $ / ft²
5320481 $ / ft²
5320559 $ / ft²
5320620 $ / ft²
53207140 $ / ft²
5320891 $ / ft²
53209107 $ / ft²
5321048 $ / ft²
53211170 $ / ft²
5321297 $ / ft²
53213132 $ / ft²
53214130 $ / ft²
5321575 $ / ft²
5321685 $ / ft²
53217143 $ / ft²
5321880 $ / ft²
53219156 $ / ft²
53220137 $ / ft²
53221156 $ / ft²
53222114 $ / ft²
53223102 $ / ft²
5322487 $ / ft²
5322598 $ / ft²
53226146 $ / ft²
53227119 $ / ft²
53228159 $ / ft²
5323378 $ / ft²
53295202 $ / ft²




Historical development of home values in Milwaukee

Year Estimated value (USD) Change vs. 2025
2010 $88,790 -53.6%
2011 $85,356 -55.4%
2012 $85,126 -55.5%
2013 $88,308 -53.8%
2014 $92,699 -51.5%
2015 $97,457 -49.0%
2016 $102,543 -46.4%
2017 $108,078 -43.5%
2018 $114,053 -40.3%
2019 $119,341 -37.6%
2020 $125,511 -34.4%
2021 $142,755 -25.3%
2022 $166,420 -13.0%
2023 $175,498 -8.2%
2024 $185,650 -2.9%
2025 $191,185 0.0%

Graph: estimated home values in Milwaukee over time (USD)



Example: 100% financing house in Milwaukee

Loan amount: $191,185

Interest rate: 6.00%

Fixed monthly payment: $1,146.25

Breakdown in the 1st month:
Interest portion: $955.93  –  Principal portion: $190.33

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,407.23 $2,347.77 $188,837.23
2 $11,262.43 $2,492.58 $186,344.65
3 $11,108.69 $2,646.32 $183,698.33
4 $10,945.47 $2,809.54 $180,888.79
5 $10,772.19 $2,982.82 $177,905.97
6 $10,588.21 $3,166.80 $174,739.18
7 $10,392.89 $3,362.12 $171,377.06
8 $10,185.52 $3,569.48 $167,807.58
9 $9,965.37 $3,789.64 $164,017.93
10 $9,731.63 $4,023.38 $159,994.55
11 $9,483.48 $4,271.53 $155,723.02
12 $9,220.02 $4,534.99 $151,188.03
13 $8,940.31 $4,814.70 $146,373.33
14 $8,643.35 $5,111.66 $141,261.67
15 $8,328.07 $5,426.94 $135,834.73
16 $7,993.35 $5,761.66 $130,073.08
17 $7,637.98 $6,117.02 $123,956.05
18 $7,260.70 $6,494.31 $117,461.74
19 $6,860.14 $6,894.86 $110,566.88
20 $6,434.88 $7,320.12 $103,246.76
21 $5,983.40 $7,771.61 $95,475.14
22 $5,504.06 $8,250.95 $87,224.20
23 $4,995.16 $8,759.85 $78,464.35
24 $4,454.87 $9,300.14 $69,164.21
25 $3,881.26 $9,873.75 $59,290.46
26 $3,272.27 $10,482.74 $48,807.72
27 $2,625.71 $11,129.29 $37,678.42
28 $1,939.28 $11,815.72 $25,862.70
29 $1,210.52 $12,544.49 $13,318.21
30 $436.80 $13,318.21 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Milwaukee, WI


1500 sqft3900 sqft
Ø selling price$212,356$451,738
Ø fast selling$193,051$406,564
Ø high price sale$231,661$496,911

In 2026, houses in Milwaukee, WI will be offered at an average price of $117 per square foot. A 1,500 sqft home priced at $212,356 is 24.13% more expensive per square foot than a 3,900 sqft home priced at $451,738. Home prices in Milwaukee, WI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $312,741. Sellers who can wait longer may achieve a higher price of up to $382,240.


Milwaukee, WI City Guide

Overview

The city of Milwaukee, Wisconsin sits on the shores of Lake Michigan, blending industrial heritage with modern culture and vibrant lakefront living.

Neighborhoods

Popular Milwaukee neighborhoods like the Historic Third Ward, Bay View, and Riverwest offer distinct vibes for dining, arts, and nightlife.

Attractions

Top Milwaukee attractions and things to do in Milwaukee include the Milwaukee Art Museum with its Calatrava-designed pavilion and the Harley-Davidson Museum.

Festivals

Known as the City of Festivals, Summerfest headlines a packed calendar of music, food, and cultural events on the lakefront.

Breweries

The city?s brewing legacy thrives with craft Milwaukee breweries and beer halls, echoing storied Pabst and Miller roots.

Economy

A diverse Milwaukee economy spans advanced manufacturing, water technology, healthcare, and education anchored by major employers and universities.

Outdoors

Miles of lakefront parks, the Oak Leaf Trail, and the Milwaukee County Zoo provide year-round outdoor recreation.

Dining

The Milwaukee restaurants scene mixes farm-to-table dining, classic Friday fish fries, and beloved frozen custard stands.

Housing

Compared with coastal metros, Milwaukee real estate offers relatively affordable housing, historic architecture, and revitalized downtown living.

Transportation

Convenient transportation options include the Milwaukee County Transit System buses, the streetcar known as The Hop, Amtrak connections to Chicago, and easy access via General Mitchell International Airport.



FAQ – Home Values in Milwaukee

What is the median home value in Milwaukee in 2026?

In 2026, the typical home value in Milwaukee is about $191,185 for an average home size of 1638 square feet. This corresponds to an average price of roughly $117 per square foot.

What is the average cost per square foot in Milwaukee?

In 2026, homes in Milwaukee sell for an average of around $117 per square foot, with a typical range between $20 and $229 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Milwaukee is about 1638 square feet, with an estimated 2026 value around $191,185.



Locations close to Milwaukee, WI

Racine, WI158 $ / ft²
Afton, WI112 $ / ft²
Albany, WI100 $ / ft²
Saint Francis, WI144 $ / ft²
Zenda, WI156 $ / ft²
Wilmot, WI114 $ / ft²




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