The housing market in 53223 Milwaukee, WI is doing significantly better than the national market. The median house value in this area is $185,800, which is much lower than the US median of $338,100. This makes it an ideal place for potential buyers to enter the housing market and invest in real estate. Furthermore, the appreciation rate for homes in this area has been higher than the national average over the past year at 11.74%, compared to 8.27% nationally. Therefore, this area continues to be a promising option for investors looking for greater returns on their investments.
The median home cost in Milwaukee (zip 53223) is $185,800. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee (zip 53223) is up 14.0%.
Average Age of Homes
- The median age of Milwaukee (zip 53223) real estate is 47 years old
The Rental Market in Milwaukee (zip 53223)
- Renters make up 41.3% of the Milwaukee (zip 53223) population
- 1.6% of houses and apartments in Milwaukee (zip 53223), 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.