Aug 2026
$244K
+1.8% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Milwaukee, WI
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Milwaukee, WI. Built for agents; free to read.
Milwaukee, WI’s median sale price is $244K as of Aug 2026 — +1.8% year over year. Pecan Street tracks Milwaukee with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,302/mo
$56K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Milwaukee compares to other U.S. metros
| Days on market | ↓189th of 194 |
|---|---|
| Price cuts | ↓178th of 194 |
| Price-to-rent | ↓150th of 195 |
| Home-price growth | 100th of 195 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 12 -3.8% YoY ↓150th of 195 |
|---|---|
| Asking price / sq ft | $227 +2.1% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 25% -0.6 pts YoY ↓178th of 194 |
|---|---|
| New housing units permitted | 228 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 79 |
|---|---|
| MLS board of record | Metro MLS |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 4.4ppRedfin (city) +1.8% | FHFA HPI · Q2 2026 +6.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in WI
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 53051 | $518K↓ | 128↑ | 56↑ | 28↑ | 38↑ | $442K↑ |
| 53066 | $685K↑ | 154↑ | 56↑ | 24↑ | 45↑ | $590K↑ |
| 53072 | $560K↑ | 80↓ | 40↓ | 16↓ | 40↑ | $557K↑ |
| 53095 | $430K↑ | 72↓ | 40↓ | 4↓ | 36 | $417K↑ |
| 53154 | $425K↓ | 70↑ | 28↑ | 40↑ | 31↓ | $416K↑ |
| 53188 | $500K↑ | 87↑ | 48↑ | 12↑ | 33↑ | $435K↑ |
| 53202 | $425K↑ | 155↑ | 44↓ | 28↑ | 53↑ | $362K↓ |
| 53209 | $169K↓ | 121↑ | 68↑ | 44↑ | 34↑ | $167K↑ |
| 53216 | $175K↑ | 82↑ | 16↑ | 36↑ | 38↓ | $177K↑ |
| 53218 | $158K↓ | 116↑ | 28↑ | 28↑ | 38↑ | $170K↑ |
| 53222 | $272K↑ | 76↑ | 28↓ | 24↑ | 30↑ | $269K↑ |
| 53235 | $425K↑ | 105↑ | 16↑ | 8↑ | 38↑ | $287K↓ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.