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Milwaukee, WI 53206 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Milwaukee, WI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.24
ActiveActive listings: 4242PendingPending sales: 1010
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): $135k$135kSoldMedian sold price (last 6 months): $80k$80k
What homes actually sell for in Milwaukee, WI
Distribution of 166 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $55k to $125k
$23k to $44k: 26 sales$23k$44k to $64k: 22 sales$64k to $84k: 33 sales33sales$64k$84k to $104k: 19 sales$104k to $124k: 16 sales$104k$124k to $145k: 16 sales$145k to $165k: 11 sales$145k$165k to $185k: 5 salesMedian $80k

What the numbers say

As of October 26, 2026, Resideline is tracking 42 active listings and 10 pending sales in ZIP code 53206. That pending-to-active ratio of 0.24 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $134,900, while the median of the 166 closed sales Resideline tracked over the last six months was $80,000. 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 92 days.

Frequently asked questions

What is the median home price in 53206?

The median closed sale price in Milwaukee, WI 53206 was $80,000 over the last six months, based on 166 closed sales tracked by Resideline. The middle half of those sales ranged from $54,900 to $125,000.

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

Resideline is currently tracking 10 pending sales against 42 active listings in 53206, a pending-to-active ratio of 0.24. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 53206 is currently a faster-moving market.

Nearby ZIP code market data

Full Milwaukee, WI housing market report →

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