Zip 53203 (Milwaukee, WI) Housing

The housing market in 53203 Milwaukee, WI is a hot commodity right now. The median value of homes in this area is $401,800, which is 20% higher than the US House Median Value of $338,100. This area has seen a significant appreciation rate when it comes to house prices, with a 1 year appreciation rate of 11.74%, much higher than the US House 1 year Appreciation rate of 8.27%. People are flocking to this area for its prime housing options and many investors are taking advantage of the rising values.

The median home cost in Milwaukee (zip 53203) is $401,800. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee (zip 53203) is up 14.0%.

Average Age of Homes

- The median age of Milwaukee (zip 53203) real estate is 78 years old

The Rental Market in Milwaukee (zip 53203)

- Renters make up 68.1% of the Milwaukee (zip 53203) population
- 5.2% of houses and apartments in Milwaukee (zip 53203), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Milwaukee, Wisconsin	United States
	1,384.0	139,647,020.0
	65	42
	$401,800	$338,100
	14.0%	16.6%
	53.7%	57.0%
	76.2%	101.1%
	$20.50	$10.98
	$8,636	$2,690
	11.4%	57.4%
	12.7%	11.2%
	75.9%	31.4%
Vacant Housing
	5.2%	1.9%
	1.7%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	15.2%	11.3%
	5.1%	13.0%
	19.0%	20.1%
	4.4%	13.6%
	29.7%	8.3%
	26.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	3.6%	13.6%
	3.6%	13.6%
	5.6%	13.6%
	2.1%	13.2%
	2.8%	14.8%
	5.6%	13.6%
	3.1%	10.0%
	1.8%	4.7%
	56.1%	12.2%

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