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Milwaukee, WI 53206 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Milwaukee, WI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 4545PendingPending sales: 77
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): $115k$115kSoldMedian sold price (last 6 months): $79k$79k
What homes actually sell for in Milwaukee, WI
Distribution of 179 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $54k to $130k
$23k to $45k: 28 sales$23k$45k to $67k: 35 sales35sales$67k to $88k: 33 sales$67k$88k to $110k: 21 sales$110k to $131k: 12 sales$110k$131k to $153k: 14 sales$153k to $174k: 10 sales$153k$174k to $196k: 9 salesMedian $79k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 7 pending sales in ZIP code 53206. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $115,000, while the median of the 179 closed sales Resideline tracked over the last six months was $79,000. 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 53206 for 86 days.

Frequently asked questions

What is the median home price in 53206?

The median closed sale price in Milwaukee, WI 53206 was $79,000 over the last six months, based on 179 closed sales tracked by Resideline. The middle half of those sales ranged from $53,500 to $130,000.

Is 53206 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 45 active listings in 53206, a pending-to-active ratio of 0.16. 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, 53206 currently looks like a balanced market.

Nearby ZIP code market data

Full Milwaukee, WI housing market report →

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