Housing in 53216 Milwaukee, WI is more affordable than the US median value of $338,100 with a median value of just $141,600. In the past year, the US housing market appreciated 8.27%, while 53216 Milwaukee, WI saw appreciation of 11.74%, making it an attractive option for homebuyers looking for affordability and appreciation potential. In addition to its low cost and strong appreciation, Milwaukee is also known for its vibrant culture and diverse communities. With excellent schools, vibrant entertainment districts, and an abundance of outdoor activities available in the area, it's no wonder why so many people are drawn to this city.
The median home cost in Milwaukee (zip 53216) is $141,600. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee (zip 53216) is up 14.0%.
Average Age of Homes
- The median age of Milwaukee (zip 53216) real estate is 66 years old
The Rental Market in Milwaukee (zip 53216)
- Renters make up 48.1% of the Milwaukee (zip 53216) population
- 3.1% of houses and apartments in Milwaukee (zip 53216), 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.