The story of this market
The typical home in ZIP 53154 sells for about $385,000, or $226 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,452 a month.
ZIP 53154 — Oak Creek
The Oak Creek housing market remains competitive with a median sale price of $385,000, reflecting a 2.4% year-over-year increase. Market activity is driven by steady demand for suburban single-family homes and the continued development of the Drexel Town Square hub. While sales volume has moderated, the area maintains a strong suburban appeal for families and commuters.
This area is well-suited for family buyers and commuters seeking a suburban environment with modern mixed-use amenities and proximity to Milwaukee.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.3% · poverty 4.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 53154, Milwaukee County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Oak Creek-Franklin Joint School District, which is generally characterized as a stable suburban district.
Oak Creek is a rapidly growing city featuring the Drexel Town Square, a mixed-use development serving as a central hub for city hall, the public library, and local commerce.
Property taxes in this ZIP code are assessed at an effective rate of approximately 1.5%, which is higher than the Wisconsin state average of 1.2%.
The area is situated about 85 miles from Chicago and provides suburban access to the greater Milwaukee employment core.
The area features the mixed-use Drexel Town Square and is located along the western shore of Lake Michigan, providing access to suburban amenities and waterfront recreation.
The renter-occupied share in this ZIP code is approximately 42%, reflecting a significant rental market presence within the suburban housing stock.
The local economy is anchored by suburban commercial development and proximity to the broader Milwaukee metropolitan industrial and service sectors.
The city's comprehensive land use plan identifies ongoing opportunities for single-family residential subdivision development.
Parcels in this ZIP are primarily served by the Oak Creek-Franklin Joint School District.
Data sourced from City-Data.com and ACS-based profiles.
- Jellystone Park™ Caledonia4.32.1 mi
- Slick City Action Park4.414.6 mi
- Urban Air Trampoline and Adventure Park4.417.7 mi
- Dave & Buster's Wauwatosa3.915 mi
- Round1 Bowling & Arcade - Greendale3.87.5 mi
- American Family Field4.711.7 mi
- Fiserv Forum4.712.5 mi
- Milwaukee Public Market4.711.8 mi
- Wisconsin State Fair Park4.512 mi
- Baird Center4.512.1 mi
- Harley-Davidson Museum®4.711.6 mi
- Milwaukee Art Museum4.812.2 mi
- Mitchell Park Domes Horticulture Conservatory4.711.3 mi
- Boerner Botanical Gardens4.77.8 mi
- Milwaukee Public Museum4.812.2 mi
- Harley-Davidson Museum®4.711.6 mi
- Milwaukee Art Museum4.812.2 mi
- Milwaukee Public Museum4.812.2 mi
- Discovery World4.612 mi
- Miller High Life Theatre®4.512.3 mi
- Mitchell Park Domes Horticulture Conservatory4.711.3 mi
- Boerner Botanical Gardens4.77.8 mi
- Seven Bridges4.85.2 mi
- Bender Park4.53.4 mi
- Cathedral Square Park4.612.3 mi
- South Shore Yacht Club4.69.3 mi
- McKinley Marina Central Docks4.612.8 mi
- Reefpoint Marina4.611.6 mi
- Milwaukee Yacht Club4.513 mi
- Southport Marina4.720 mi
- Muskego Lakes Country Club4.39 mi
- Oakwood Park Golf Course4.42.7 mi
- Whitnall Park Golf Course4.27.2 mi
- Ives Grove Golf Course4.610 mi
- New Berlin Hills Golf Course4.312.7 mi
- Milwaukee Public Market4.711.8 mi
- Southridge Mall4.17.4 mi
- 7 Mile Fair4.23.1 mi
- 3rd St. Market Hall4.512 mi
- Meijer4.37.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Serves as a central hub for city hall, public library, and local commerce.
The city is situated along the western shore of Lake Michigan.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.