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Milwaukee, WI Housing Market

$208,725

8.2% 1-yr

The average Milwaukee, WI home value is $208,725, up 8.2% over the past year and goes to pending in around 27 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Milwaukee Key Takeaways

Typical Home Values: $208,725

1-year Value Change: +8.2%

(Data through March 31, 2025)

Milwaukee Housing Market Overview

--1-year Market Forecast
1,247For sale inventory(March 31, 2025)
387New listings(March 31, 2025)
0.993Median sale to list ratio(February 28, 2025)
$186,417Median sale price(February 28, 2025)
$202,100Median list price(March 31, 2025)
36.6%Percent of sales over list price(February 28, 2025)
52.1%Percent of sales under list price(February 28, 2025)
27Median days to pending(March 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Milwaukee

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Milwaukee Rental Market Trends

$1,390Average rent in Milwaukee(March 31, 2025)
$2,005National average rent(March 31, 2025)
0.1%Month-over-month change(March 31, 2025)
5.6%Year-over-year change(March 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

More on Zillow Research