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Milwaukee, WI 53209 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: 0.19
ActiveActive listings: 4343PendingPending sales: 88
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): $165k$165kSoldMedian sold price (last 6 months): $140k$140k
What homes actually sell for in Milwaukee, WI
Distribution of 376 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $103k to $230k
$55k to $108k: 88 sales$55k$108k to $160k: 119 sales119sales$160k to $213k: 45 sales$160k$213k to $266k: 39 sales$266k to $318k: 13 sales$266k$318k to $371k: 19 sales$371k to $423k: 6 sales$371k$423k to $476k: 10 salesMedian $140k

What the numbers say

As of October 5, 2026, Resideline is tracking 43 active listings and 8 pending sales in ZIP code 53209. That pending-to-active ratio of 0.19 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $165,000, while the median of the 376 closed sales Resideline tracked over the last six months was $140,000. 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 53209 for 61 days.

Frequently asked questions

What is the median home price in 53209?

The median closed sale price in Milwaukee, WI 53209 was $140,000 over the last six months, based on 376 closed sales tracked by Resideline. The middle half of those sales ranged from $103,000 to $229,900.

Is 53209 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 43 active listings in 53209, a pending-to-active ratio of 0.19. 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, 53209 currently looks like a balanced market.

Nearby ZIP code market data

Full Milwaukee, WI housing market report →

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