Zip 53221 (Milwaukee, WI) Housing

The housing median value in 53221 Milwaukee, WI is $227,100, which is lower than the US housing median value of $338,100. However, over the past year the appreciation rate for homes in 53221 has been much greater than the national average. At 11.74%, buyers in this area have seen an unusually large increase in their home's value. This makes it an attractive area for real estate investors and other potential homeowners looking to get a good deal on a property.

The median home cost in Milwaukee (zip 53221) is $227,100. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee (zip 53221) is up 14.0%.

Average Age of Homes

- The median age of Milwaukee (zip 53221) real estate is 52 years old

The Rental Market in Milwaukee (zip 53221)

- Renters make up 36.9% of the Milwaukee (zip 53221) population
- 1.2% of houses and apartments in Milwaukee (zip 53221), 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
	17,258.0	139,647,020.0
	54	42
	$227,100	$338,100
	14.0%	16.6%
	53.7%	57.0%
	76.2%	101.1%
	$23.29	$10.98
	$3,759	$2,690
	54.4%	57.4%
	4.5%	11.2%
	41.1%	31.4%
Vacant Housing
	1.2%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	1.6%	2.4%
	1.7%	2.8%
	3.5%	3.9%
	4.4%	4.5%
	26.5%	11.3%
	27.9%	13.0%
	23.1%	20.1%
	5.2%	13.6%
	0.1%	8.3%
	0.5%	9.7%
	0.4%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	6.7%	13.6%
	8.6%	13.2%
	22.3%	14.8%
	6.7%	13.6%
	20.7%	10.0%
	7.1%	4.7%
	8.2%	12.2%

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