Housing in South Milwaukee, WI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$287,400

Median List Price

$270,000

Price Per Sq Ft

$206

Days on Market

55

Active Inventory

12

Months of Supply

0.9

Seller's market

Zillow Home Value

$287,978

ZHVI — January 2026

Zillow Rent Index

$1,150

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 12.7%List Price 1.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

64.3%

Off Market in 2 Weeks

57.1%

Sale-to-List Ratio

102.4%

Seller's market

Sold Above Asking
64.3%
Under Contract in 2 Wks
57.1%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

5

Pending Sales

7

Homes Sold 17.6%New Listings 64.3%Pending 69.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$206

Median List $/SF

$217

Sale $/SF 11.4%List $/SF 15.4%Mar 24Jan 26

South Milwaukee vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. South 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

$216,400

Median Rent

$1,014

Total Housing Units

9,150

Vacancy Rate

5.2%

Owner Occupied

66.8%

Renter Occupied

33.2%

Median Property Tax

$4,357

per year

Monthly Cost (w/ Mortgage)

$1,294

Housing Types

Single Family
65.6%
Multi-Family
34.1%
Mobile Home
0.3%

The current median sale price in South Milwaukee, WI is $287,400 according to Redfin data. Homes spend a median of 55 days on the market. 64.3% of homes sold above asking price. The market has 0.9 months of supply. The median price per square foot is $206. Zillow's observed rent index is $1,150/month. About 66.8% of housing units are owner-occupied. The median year homes were built is 1957. There are 9,150 total housing units.