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Milwaukee, WI 53209 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: 0.11
ActiveActive listings: 4545PendingPending sales: 55
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): $147k$147kSoldMedian sold price (last 6 months): $140k$140k
What homes actually sell for in Milwaukee, WI
Distribution of 378 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $100k to $230k
$53k to $106k: 92 sales$53k$106k to $158k: 109 sales109sales$158k to $211k: 46 sales$158k$211k to $264k: 44 sales$264k to $317k: 18 sales$264k$317k to $370k: 17 sales$370k to $422k: 7 sales$370k$422k to $475k: 7 salesMedian $140k

What the numbers say

As of September 14, 2026, Resideline is tracking 45 active listings and 5 pending sales in ZIP code 53209. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $147,000, while the median of the 378 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 55 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 378 closed sales tracked by Resideline. The middle half of those sales ranged from $100,000 to $230,000.

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

Resideline is currently tracking 5 pending sales against 45 active listings in 53209, a pending-to-active ratio of 0.11. 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

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