Zip 53205 (Milwaukee, WI) Housing


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The housing market in 53205 Milwaukee, WI is definitely on the rise! The median value of homes there is currently $116,000 which is significantly lower than the US house median value of $338,100. Over the past year, house appreciation in 53205 Milwaukee, WI was 11.74%, much higher than the US 1 year house appreciation rate of 8.27%. This shows that 53205 Milwaukee, WI is a great area for potential homebuyers to invest in an appreciating asset. With attractive prices and high rates of appreciation, buyers should be sure to consider this neighborhood before making any decisions.

The median home cost in Milwaukee (zip 53205) is $116,000. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee (zip 53205) is up 14.0%.

Average Age of Homes
- The median age of Milwaukee (zip 53205) real estate is 58 years old
The Rental Market in Milwaukee (zip 53205)
- Renters make up 61.4% of the Milwaukee (zip 53205) population
- 6.7% of houses and apartments in Milwaukee (zip 53205), 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

  HousingMilwaukee, WisconsinUnited States
  3,978.0139,647,020.0
  6242
  $116,000$338,100
  14.0%16.6%
  53.7%57.0%
  76.2%101.1%
  $23.10$10.98
  $2,241$2,690
  22.7%57.4%
  15.8%11.2%
  61.6%31.4%
  Vacant Housing
  6.7%1.9%
  0.2%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  8.9%4.1%
  Value of Owner-Occupied Housing
  4.5%2.6%
  13.4%2.4%
  13.7%2.8%
  8.5%3.9%
  11.9%4.5%
  19.2%11.3%
  15.3%13.0%
  11.4%20.1%
  1.2%13.6%
  0.3%8.3%
  0.4%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  13.1%13.6%
  13.1%13.6%
  4.1%13.6%
  7.1%13.2%
  8.4%14.8%
  4.1%13.6%
  8.7%10.0%
  3.3%4.7%
  38.6%12.2%
Commute