The housing market in Milwaukee, WI 53206 is a very healthy one. The median value of a home in the area is $55,600, much lower than the national median of $338,100. Despite this difference in value, the appreciation rate for homes in Milwaukee over the last year has been impressive at 11.74%. This figure is higher than the national average of 8.27%, showing that Milwaukee's housing market is performing particularly well compared to other areas. Overall, 53206 Milwaukee is an attractive option for potential homeowners due to its low home values and strong property appreciation rates.
The median home cost in Milwaukee (zip 53206) is $55,600. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee (zip 53206) is up 14.0%.
Average Age of Homes
- The median age of Milwaukee (zip 53206) real estate is 78 years old
The Rental Market in Milwaukee (zip 53206)
- Renters make up 49.3% of the Milwaukee (zip 53206) population
- 5.9% of houses and apartments in Milwaukee (zip 53206), 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.