Single-Family Homes
Mon Jun 09 2025
This week the median list price for Milwaukee, WI 53217 is $547,495 with the market action index hovering around 79. This is less than last month's market action index of 94. Inventory has held steady at or around 2.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Median List Price | $547,495 | |
Median Price of New Listings | $370,000 | |
Per Square Foot | $269 | |
Average Days on Market | 14 | |
Median Days on Market | 14 | |
Price Decreased | 50% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 2 | |
Median Rent | ||
Market Action | 79 | |
Strong Seller's Market |
Despite this week’s down tic, price trends in this zip code have been moving up in the last few weeks. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$724,990 | 2,533 | 4,500 - 6,500 sqft | 5 | 2.5 | 86 | 0 | 0 | 28 |
$0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
$370,000 | 1,459 | 0.25 - 0.5 acre | 3 | 1 | 74 | 1 | 0 | 0 |
$0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |