Home Values

Milwaukee County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$97,100

  • -0.9% 1-year change
  • 1.4% 1-year forecast

The median home value in Milwaukee County is $97,100. Milwaukee County home values have declined -0.9% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in Milwaukee County is None. The median rent price in Milwaukee County is $895, which is lower than the Milwaukee Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In Milwaukee County 5.9 homes are foreclosed (per 10,000). This is greater than the Milwaukee Metro value of 2.4 and also greater than the national value of 3.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Milwaukee County is 6.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Milwaukee County homeowners underwater on their mortgage is 35.0%, which is higher than Milwaukee Metro at 22.8%.

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Relative ZHVI
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Milwaukee County Market Overview

Data through Mar 31, 2015
  • $97,100 ZHVI
  • 1.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • $108,275 Median sale price
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Milwaukee County Market Health

Data through Mar 31, 2015
  • 0.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • 135 Average days on Zillow (Feb 28, 2015)
  • 35.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

5.9 homes Milwaukee County
2.4 homes Milwaukee Metro
3 homes United States
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Cities in Milwaukee County

Name Median ZHVI
Franklin $137,000
Cudahy $129,300
Shorewood $125,200
Name Median ZHVI
Oak Creek $120,600
Greenfield $97,600
Milwaukee $92,700
Name Median ZHVI
Glendale $83,900
West Allis $83,100
Brown Deer $52,900

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $87 Median sale price / sq ft
  • No data Listings with price cut
28.7%
Sold below listing
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Milwaukee County Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,100 Milwaukee County
    $1,440 Milwaukee Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $895 Rent list price
  • $0.97 Rent list price / sq ft
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