Zip 53218 (Milwaukee, WI) Housing

Housing in 53218 Milwaukee, WI is quite affordable compared to the rest of the US. The median value for housing in this area is $135,500, much lower than the national median value of $338,100. Over the past year there has been an 11.74% appreciation rate for housing in 53218 Milwaukee, WI which is higher than the US average of 8.27%. As such, buying a home in this area may be a wise investment decision that will likely appreciate more quickly than elsewhere.

The median home cost in Milwaukee (zip 53218) is $135,500. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee (zip 53218) is up 14.0%.

Average Age of Homes

- The median age of Milwaukee (zip 53218) real estate is 61 years old

The Rental Market in Milwaukee (zip 53218)

- Renters make up 45.4% of the Milwaukee (zip 53218) population
- 2.7% of houses and apartments in Milwaukee (zip 53218), 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
	15,968.0	139,647,020.0
	64	42
	$135,500	$338,100
	14.0%	16.6%
	53.7%	57.0%
	76.2%	101.1%
	$25.05	$10.98
	$2,277	$2,690
	39.5%	57.4%
	7.5%	11.2%
	53.0%	31.4%
Vacant Housing
	2.7%	1.9%
	0.1%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.4%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.7%	2.4%
	14.6%	2.8%
	16.5%	3.9%
	25.1%	4.5%
	23.3%	11.3%
	10.2%	13.0%
	3.5%	20.1%
	0.3%	13.6%
	0.0%	8.3%
	2.6%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	1.1%	13.6%
	1.1%	13.6%
	1.6%	13.6%
	3.2%	13.2%
	9.6%	14.8%
	1.6%	13.6%
	40.2%	10.0%
	12.9%	4.7%
	11.0%	12.2%

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