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MILWAUKEE, WI 53209

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 53209

Far North Side · Far Northwest Side

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MILWAUKEE, WI real estate market (53209) currently shows 117 active listings, with 12 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are selling faster, averaging 36 days on market compared to 39 days last year.

The median listing price has risen 17% year-over-year, from $151,725 to $177,450.

Whether you are buying or selling in MILWAUKEE, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 46,441  ·  Density: 1,646.6/mi²  ·  Median household income: $42,436

Typical home value: $123,206  ·  Homeownership: 42.3%

Market Overview

Active Listings
117
⇧ 10.4% vs 106 last year
Pending
12
10% pending ratio
Median Price
$177,450
⇧ 17% vs $151,725 last year
Average Price
$201,583
⇧ 5.8% vs $190,469 last year
Days on Market
36
⇩ 7.7% vs 39 days last year

Price Per Square Foot

Median $/sqft
$143
⇧ 10.9% vs $129/sqft last year
Median Home Size
1,335 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 117 this year vs 106 last year
  • Days on market: 36 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $177,450 (+17% YoY)
  • Average: $201,583 (+5.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.9 miles — 483 listings ($186,373,773 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53209Milwaukee, WI 532090.0 mi102$19,911,624$169,250$195,212
53217Milwaukee, WI 532172.5 mi47$42,865,739$527,500$912,037
53216Milwaukee, WI 532163.3 mi51$8,865,075$169,900$173,825
53212Milwaukee, WI 532124.2 mi54$15,043,536$243,750$278,584
53211Milwaukee, WI 532114.5 mi20$15,178,900$462,500$758,945
53224Milwaukee, WI 532245.2 mi33$8,101,764$259,900$245,508
53222Milwaukee, WI 532225.5 mi50$13,362,100$250,000$267,242
53213Milwaukee, WI 532136.2 mi20$8,600,700$399,900$430,035
53092Mequon, WI 530926.4 mi34$23,748,048$489,950$698,472
53203Milwaukee, WI 532036.4 mi4$2,589,900$559,950$647,475
53204Milwaukee, WI 532047.7 mi29$7,925,990$223,700$273,310
53097Mequon, WI 530978.6 mi15$14,765,445$799,990$984,363
53215Milwaukee, WI 532158.9 mi24$5,414,952$229,900$225,623

Frequently Asked Questions

How many homes are for sale in MILWAUKEE, WI 53209?

As of February 2026, there are 117 active listings in MILWAUKEE, WI (zip code 53209), compared to 106 the prior year.

What is the median home price in MILWAUKEE, WI 53209?

The median listing price in MILWAUKEE, WI 53209 is $177,450 as of February 2026, a 17% increase from $151,725 the prior year.

How long do homes stay on the market in MILWAUKEE, WI?

Homes in MILWAUKEE, WI 53209 spend an average of 36 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in MILWAUKEE, WI 53209?

Based on current inventory and days-on-market data as of February 2026, MILWAUKEE, WI 53209 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 36 days on market compared to 39 days last year.

How much can I save on real estate commission in MILWAUKEE, WI?

With SELL123.com's maximum 3% commission, sellers in MILWAUKEE, WI 53209 save an estimated $3,549 compared to a typical 5% commission on the median listing price of $177,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.