Zip 53224 (Milwaukee, WI) Housing

The housing median value in 53224 Milwaukee, WI is $197,600, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation in 53224 is higher than the national average at 11.74%, indicating that there may be potential for growth in this area. This could make 53224 an excellent place to invest in housing as it offers a lower starting price and increased potential for returns on investment.

The median home cost in Milwaukee (zip 53224) is $197,600. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Milwaukee (zip 53224) is up 14.0%.

Average Age of Homes

- The median age of Milwaukee (zip 53224) real estate is 40 years old

The Rental Market in Milwaukee (zip 53224)

- Renters make up 45.4% of the Milwaukee (zip 53224) population
- 3.6% of houses and apartments in Milwaukee (zip 53224), 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
	8,281.0	139,647,020.0
	45	42
	$197,600	$338,100
	14.0%	16.6%
	53.7%	57.0%
	76.2%	101.1%
	$23.69	$10.98
	$3,648	$2,690
	43.7%	57.4%
	9.8%	11.2%
	46.5%	31.4%
Vacant Housing
	3.6%	1.9%
	1.0%	0.4%
	0.5%	0.7%
	0.4%	0.4%
	0.7%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	4.0%	2.4%
	4.0%	2.8%
	4.0%	3.9%
	3.9%	4.5%
	30.1%	11.3%
	26.0%	13.0%
	16.6%	20.1%
	6.9%	13.6%
	2.9%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.0%	13.6%
	12.0%	13.6%
	12.0%	13.6%
	11.6%	13.2%
	25.8%	14.8%
	12.0%	13.6%
	10.2%	10.0%
	2.1%	4.7%
	2.7%	12.2%

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