53040 Housing Market

$389,562

6.2% 1-yr

The average 53040 home value is $389,562, up 6.2% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

53040 Key Takeaways

Typical Home Values: $389,562

1-year Value Change: +6.2%

(Data through July 31, 2025)

53040 Housing Market Overview

0.3%1-year Market Forecast(July 31, 2025)

27For sale inventory(July 31, 2025)

11New listings(July 31, 2025)

--Median sale to list ratio

--Median sale price(June 30, 2025)

$376,600Median list price(July 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
53090$360,616
53010$377,176
53002$415,327
53001$342,366
53095$397,511
53021$410,473
53075$362,757
53011$365,461
53091$342,199

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Talk to a local agent

Get pre-qualified for a loan

At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.

Start Now

An equal housing lender. NMLS #10287.

53040 Rental Market Trends

--Average rent in 53040

$2,072National average rent(July 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.