Home Values

Milwaukee 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

$93,000

  • -0.9% 1-year change
  • -0.3% 1-year forecast

The median home value in Milwaukee is $93,000. Milwaukee home values have declined -0.9% over the past year and Zillow predicts they will fall -0.3% within the next year. The median list price per square foot in Milwaukee is $84, which is lower than the Milwaukee Metro average of $108. The median price of homes currently listed in Milwaukee is $99,900 while the median price of homes that sold is $117,070.

Foreclosures will be a factor impacting home values in the next several years. In Milwaukee 11.6 homes are foreclosed (per 10,000). This is greater than the Milwaukee Metro value of 4.6 and also greater than the national value of 4.2

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 is 6.8%, which is higher than the national value of 6.4%. 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 homeowners underwater on their mortgage is 37.6%, which is higher than Milwaukee Metro at 19.9%.

Read more
Relative ZHVI
- +

Milwaukee Market Overview

Data through Nov 30, 2014
  • $93,000 ZHVI
  • -0.3% 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
    (Nov 30, 2015)
  • $99,900 Median listing price
  • $117,070 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Milwaukee Market Health

Data through Nov 30, 2014
  • 0.4/10 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.
  • No data Average days on Zillow
  • 37.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

11.6 homes Milwaukee
4.6 homes Milwaukee Metro
4.2 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Neighborhoods in Milwaukee

Name Median ZHVI
Washington Heights $145,200
Sunset Heights $104,000
Grasslyn Manor $82,300
Name Median ZHVI
Uptown $72,800
Saint Joseph $70,100
Washington Park $57,700
Name Median ZHVI
Sherman Park $53,900
Roosevelt Grove $49,300
Park West $38,900

Listings & Sales

Data through Nov 30, 2014
  • $84 Median list price / sq ft
  • $98 Median sale price / sq ft
  • No data Listings with price cut
32.4%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Milwaukee Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,060 Milwaukee
    $1,378 Milwaukee Metro
    $1,342 United States

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

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading