Is Milwaukee, WI 53216 a buyer’s or seller’s market?
Milwaukee is a seller’s market. With about 2.9 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score51/ 100
More competitive than 53% of U.S. ZIP codes, and #242 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.9Under 4 months = seller’s market
Sold above original list32%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$125▼ −0.2% vs. last year
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Nearby markets
Cudahy 53110Seller’s market $203 /sq ftFranklin 53132Seller’s market $223 /sq ftGreendale 53129Seller’s market $231 /sq ftHales Corners 53130Seller’s market $243 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology