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ZIP 53216 in Milwaukee, WI: housing market trends

The median home sale price in ZIP 53216 in Milwaukee, WI was $184,946 for the three-month period ending September 2026. Sale prices were 2.5% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$184,946
three-month period ending September 2026
Median sale price per sq ft
$127.34
three-month period ending September 2026
Active listings
215
three-month period ending September 2026
Typical monthly rent
$1,250
Rent index · August 2026

How is housing inventory changing?

There were 215 active listings for the three-month period ending September 2026. Active listings were 11.4% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 48 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 53216 in Milwaukee, WI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$184,946$127.3487
Single-familySeptember 2026$190,952$136.2269
Multifamily (2–4 units)September 2026$179,900$77.5617

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 53216 in Milwaukee, WI
MarketMedian sale priceReporting period / source
Milwaukee, WI$225,500Month ending July 2026 · Zillow
Wauwatosa, WI$419,8003 months ending September 2026 · Redfin
Glendale, WI$322,5963 months ending September 2026 · Redfin
Whitefish Bay, WI$660,6853 months ending September 2026 · Redfin
Shorewood, WI$555,7353 months ending September 2026 · Redfin
Butler, WI$338,8393 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 53216 in Milwaukee, WI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$184,946$127.34215
August 2026$172,500$124.61228
July 2026$175,000$122.66249
June 2026$175,000$120.37241
May 2026$183,500$117.91232
April 2026$179,500$110.88222
March 2026$190,500$110.03185
February 2026$178,750$109.29176
January 2026$181,250$109.87172
December 2025$176,500$109.87179
November 2025$180,000$108.35187
October 2025$177,500$118.58187
September 2025$180,350$119.47193
August 2025$173,367$124.81180
July 2025$184,500$115.01176
June 2025$172,000$115.97169
May 2025$164,500$112.60174
April 2025$160,000$105.57170
March 2025$162,500$104.53161
February 2025$165,000$106.95154
January 2025$166,500$106.57159
December 2024$168,000$111.82175
November 2024$177,000$111.57205
October 2024$169,000$111.33209

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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