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Milwaukee, WI 53209 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: 0.14
ActiveActive listings: 5151PendingPending 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): $163k$163kSoldMedian sold price (last 6 months): $140k$140k
What homes actually sell for in Milwaukee, WI
Distribution of 348 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $100k to $232k
$60k to $113k: 96 sales$60k$113k to $166k: 103 sales103sales$166k to $219k: 33 sales$166k$219k to $272k: 33 sales$272k to $325k: 17 sales$272k$325k to $378k: 17 sales$378k to $431k: 4 sales$378k$431k to $484k: 10 salesMedian $140k

What the numbers say

As of October 26, 2026, Resideline is tracking 51 active listings and 7 pending sales in ZIP code 53209. That pending-to-active ratio of 0.14 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $163,000, while the median of the 348 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 69 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 348 closed sales tracked by Resideline. The middle half of those sales ranged from $100,100 to $232,450.

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

Resideline is currently tracking 7 pending sales against 51 active listings in 53209, a pending-to-active ratio of 0.14. 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, 53209 is currently a typical-pace market.

Nearby ZIP code market data

Full Milwaukee, WI housing market report →

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