Housing in Milwaukee, WI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$229,000
Median List Price
$207,400
Price Per Sq Ft
$140
Days on Market
61
Active Inventory
1,021
Months of Supply
3.8
Seller's market
Zillow Home Value
$211,874
ZHVI — January 2026
Zillow Rent Index
$1,366
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
28.3%
Off Market in 2 Weeks
39.6%
Sale-to-List Ratio
98.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
269
New Listings
466
Pending Sales
417
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$140
Median List $/SF
$140
Milwaukee vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 500,000 - 1,000,000 residents. Milwaukee is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$172,000
Median Rent
$1,033
Total Housing Units
257,973
Vacancy Rate
10.4%
Owner Occupied
41.5%
Renter Occupied
58.5%
Median Property Tax
$3,575
per year
Monthly Cost (w/ Mortgage)
$1,207
Housing Types
The current median sale price in Milwaukee, WI is $229,000 according to Redfin data. Homes spend a median of 61 days on the market. 28.3% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $140. Zillow's observed rent index is $1,366/month. About 41.5% of housing units are owner-occupied. The median year homes were built is 1952. There are 257,973 total housing units.