The typical home in Milwaukee is listed at $217,000, +3.8% on a year earlier. Projected forward, a typical home would be worth about $225,000 in 2027 and $309,000 in 2031.
The first 2 years follow this year's change in list prices (+3.8%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+9.8% a year).
Milwaukee home values by year
| Year | Typical home value | Annual change used |
|---|---|---|
| 2026 (now) | $217,000 | — |
| 2027 (projected) | $225,000 | +3.8% (this year's listings) |
| 2028 (projected) | $234,000 | +3.8% (this year's listings) |
| 2031 (projected) | $309,000 | +9.8% (FHFA 2020–2025) |
Homes for sale in these ZIP codes have been on the market a median of 25 days.
By ZIP code
| ZIP | Median list price | A year ago | Sale listings | FHFA trend 2020–2025 |
|---|---|---|---|---|
| 53215 | $240,000 | $219,000 | 102 | +9.7%/yr |
| 53209 | $162,000 | $159,000 | 220 | +9.6%/yr |
| 53218 | $174,000 | $169,000 | 164 | No ZIP index |
| 53204 | $225,900 | $190,000 | 52 | +10.1%/yr |
| 53221 | $299,000 | $299,900 | 114 | +9.5%/yr |
| 53219 | $275,000 | $269,000 | 124 | +9.9%/yr |
Read this with care
List prices are what sellers ask, not what homes sell for, and a one-year change in them can swing with what happens to be on the market. The FHFA trend covers 2020 to 2025, including the pandemic-era run-up, so it may overstate where prices go from here. The projection is both trends carried forward, not a call on the next turn.
Source: RentCast market data for 6 of Milwaukee's 21 ZIP codes (the most populous, home to 45% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
What will homes in Milwaukee, WI be worth in 2027?
A typical $217,000 home would be worth about $225,000 in 2027. The first 2 years follow this year's change in list prices (+3.8%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+9.8% a year).
What is the typical home price in Milwaukee, WI?
The typical list price is $217,000, across 776 active sale listings in 6 ZIP codes.
Are home prices in Milwaukee going up or down?
Over the past year, list prices in these ZIP codes moved +3.8%. The longer FHFA trend from 2020 to 2025 is +9.8% a year.