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Milwaukee, WI 53202 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Milwaukee, WI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 3737PendingPending sales: 33
Milwaukee, WI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $310k$310kSoldMedian sold price (last 6 months): $340k$340k
What homes actually sell for in Milwaukee, WI
Distribution of 236 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $239k to $530k
$165k to $335k: 104 sales104sales$165k$335k to $505k: 58 sales$505k to $675k: 20 sales$505k$675k to $845k: 13 sales$845k to $1.01M: 6 sales$845k$1.01M to $1.18M: 8 sales$1.18M to $1.36M: 2 sales$1.18M$1.36M to $1.52M: 2 salesMedian $340k

What the numbers say

As of September 14, 2026, Resideline is tracking 37 active listings and 3 pending sales in ZIP code 53202. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $310,000, while the median of the 236 closed sales Resideline tracked over the last six months was $340,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 53202 for 59 days.

Frequently asked questions

What is the median home price in 53202?

The median closed sale price in Milwaukee, WI 53202 was $340,000 over the last six months, based on 236 closed sales tracked by Resideline. The middle half of those sales ranged from $239,000 to $530,000.

Is 53202 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 37 active listings in 53202, a pending-to-active ratio of 0.08. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 53202 currently looks like a balanced market.

Nearby ZIP code market data

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