Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.8%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$290K0.0%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$435K+0.5%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$396K+8.6%|Dallas · TXMedian List$475K+2.1%|Davidson County · TNMedian List$481K+0.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$257K+1.1%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$406K-2.3%|Harris County · TXMedian List$326K+1.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$286K+0.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$860K-4.2%|Las Vegas · NVMedian List$450K-0.1%|Los Angeles · CAMedian List$1.1M-1.4%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$500K-2.9%|Marion County · INMedian List$259K+0.6%|Mecklenburg County · NCMedian List$465K+2.1%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$907K+5.0%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$300K+4.1%|Phoenix · AZMedian List$460K+1.7%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$525K-3.6%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$260K-1.9%|San Diego · CAMedian List$967K+3.6%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.4M-3.6%|Santa Clara County · CAMedian List$1.9M-3.8%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$879K-1.1%|Tarrant County · TXMedian List$375K+1.8%|Travis County · TXMedian List$523K-0.3%|Tucson · AZMedian List$316K+2.7%|Wayne County · MIMedian List$229K+6.7%|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.8%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$290K0.0%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$435K+0.5%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$396K+8.6%|Dallas · TXMedian List$475K+2.1%|Davidson County · TNMedian List$481K+0.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$257K+1.1%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$406K-2.3%|Harris County · TXMedian List$326K+1.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$286K+0.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$860K-4.2%|Las Vegas · NVMedian List$450K-0.1%|Los Angeles · CAMedian List$1.1M-1.4%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$500K-2.9%|Marion County · INMedian List$259K+0.6%|Mecklenburg County · NCMedian List$465K+2.1%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$907K+5.0%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$300K+4.1%|Phoenix · AZMedian List$460K+1.7%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$525K-3.6%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$260K-1.9%|San Diego · CAMedian List$967K+3.6%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.4M-3.6%|Santa Clara County · CAMedian List$1.9M-3.8%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$879K-1.1%|Tarrant County · TXMedian List$375K+1.8%|Travis County · TXMedian List$523K-0.3%|Tucson · AZMedian List$316K+2.7%|Wayne County · MIMedian List$229K+6.7%|
Property-class scope
ARED ScoreMarket grade · ZIP
as of Sep 15, 2026
A−
+40 / ±100
positive
−1000+100
Reason codes · heaviest factors
PM
Price momentum
+2.1% YoY median
+100
IS
Inventory & supply
3.8 months of supply
+50
PC
Price-cut pressure
12% of listings with a cut
+50
SL
Sale-to-list ratio
98.5% sale-to-list
+50
MS
Market sentiment
cautiously optimistic
-50

Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 53204 — Milwaukee

Milwaukee County →Milwaukee marketrefreshed Sep 15, 2026next refresh Sep 30, 2026
Market mood · cautiously optimistic

The 53204 housing market is characterized by steady demand for affordable urban housing, with prices showing modest year-over-year growth. While inventory remains tight, the area's affordability relative to the broader Milwaukee market continues to attract first-time buyers and investors.

Who this ZIP fits

This ZIP is well-suited for first-time homebuyers, investors seeking multi-family opportunities, and urban-dwelling commuters who prioritize proximity to downtown and local cultural amenities.

Parent geography
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 8.4 km²Water area · 0.2 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$219,950
+2.1% year over year
Corroborated · 1 anchor · 2.3% off nearest
Days on market
42 days
Active listings
62
Listings with price cuts
12%
share of active listings
Sale-to-list ratio
98.5%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
66
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
61
Growth/100

Median prices moved up 2.1% year over year.

72
Liquidity/100

Homes spend a median of 42 days on market with 3.8 months of supply — a fast-moving market.

75
Momentum/100

12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.

54
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 32.2% — a mixed stability profile.

Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

2016201720182019202020212022202320242025202620282030$75,000$150,000$225,000$300,000$375,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Property tax · ten-year history

Median annual property tax paid on this ZIP's residential parcels

2016201720182019202020212022202320242025202620282030$1,500$3,000$4,500$6,000$7,500

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Census trends · population flowsACS 2020-2024 5-year estimates
Population change
+0.5%

versus the prior ACS vintage

Net migration
0 people

in-migration and out-migration balanced

Population base
39,996

ZCTA 53204, Milwaukee County WI

Area context
Crime & safety

Crime rates in the 53204 area remain higher than the national average, with property and violent crime trends consistent with urban Milwaukee core neighborhoods.

Schools & education

Public schools serving the area generally receive lower performance ratings compared to suburban Milwaukee districts, reflecting the challenges of the urban core.

Environmental & hazard

The area is primarily an urban environment with standard municipal flood and wind risk profiles; property insurance premiums are influenced by the age of the housing stock.

Growth & development

Economic momentum is driven by proximity to downtown Milwaukee and ongoing revitalization efforts along the Cesar E. Chavez Drive and Mitchell Street commercial corridors.

Taxation

Property taxes are assessed by the City of Milwaukee and Milwaukee County, with rates reflecting the city's reliance on property tax revenue to fund municipal services and public schools.

Transportation & commute

Residents benefit from high walkability and access to public transit, with a short commute to downtown Milwaukee employment hubs via major surface streets and nearby highway access.

Recreation & amenities

The area features several local parks and is within close proximity to the Hank Aaron State Trail and the shopping and dining districts along Cesar E. Chavez Drive.

Rental market

The rental market is deep with high demand, characterized by a mix of long-term residents and investors managing multi-family properties; vacancy pressure remains low.

Economy & employers

The local economy is anchored by small businesses, retail, and service industries, with strong employment ties to the broader Milwaukee metropolitan area.

Transportation & infrastructure

The area is well-served by Milwaukee County Transit System (MCTS) bus routes, providing efficient access to downtown and surrounding employment centers.

Development pipeline

Development planning is focused on urban infill and the adaptive reuse of existing structures to maintain the neighborhood's historic character.

County appraisal district

The City of Milwaukee Assessor's Office manages property valuations, with assessments conducted annually to reflect market changes.

Special districts

Parcels are subject to Milwaukee Public Schools district taxes and various municipal utility service districts.

Insurance & hazard market

Property insurance availability is stable, though premiums are sensitive to the age and construction type of the area's dense housing stock.

Discovery profileACS 2020-2024 5-year estimates
Census profile · ZCTA 53204, Milwaukee County WI
Population
39,996
Median age
29.8 yrs
Owner-occupancy
38.5%
Median home value
$106,000
Median gross rent
$1,004
Median household income
$45,934
Median year built
1938
Vacancy rate
8.2%
Renter share
61.5%
Owner cost burden
28.4%
Renter cost burden
45.2%
Population change
+0.5%
Net migration
0
Work-from-home share
4.2%
Mean commute
21.2 min
Bachelor's or higher
12.5%
Unemployment
5.9%
Poverty rate
32.2%
Avg household size
2.82
Hispanic or Latino
65.2%
White alone
18.4%
Black or African American alone
9.1%
Other
7.3%

Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.

Assigned schools
Bruce ElementaryElementary3/10Milwaukee Public SchoolsServes the local neighborhood population.
South Division High SchoolHigh2/10Milwaukee Public SchoolsPrimary high school serving the 53204 area.
School districts
Milwaukee Public SchoolsBelow AverageLarge urban district serving the entire city of Milwaukee.
Utilities & services
Electric/GasWe EnergiesPrimary provider for the Milwaukee area.
InternetSpectrum/AT&TMajor broadband providers in the region.
Water/SewerMilwaukee Water WorksMunicipal utility service.
Major employers & industries
City of MilwaukeeGovernmentMajor regional employer.
Aurora Health CareHealthcareSignificant regional employer with multiple facilities.
Amenities & attractions3 retained amenities · 1 development on the horizon
Inside this ZIP
Cesar E. Chavez Drive
Shopping/Dining

A vibrant commercial corridor featuring diverse local businesses and restaurants.

Hank Aaron State Trail
Trail

A major regional trail providing recreational access and connectivity to the city.

Mitchell Street
Shopping District

A historic commercial district serving the local community.

On the horizon · announced & under construction
Cesar E. Chavez Drive RevitalizationInfrastructureOngoingContinuous streetscape and facade improvement projects to support local business growth.
Sources · 9 cited

Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.

Market signals — layered trendsZIP 53204 · 8 charts · one line per tier in the chain

Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.

Assessed-value momentum — YoY
county-assessed values · 5-yr historical · 1-yr forecast at the trailing 3-read mean · no-roll-up tiers: own refresh series
Awaiting measured historycharts once enough refresh-cycle reads accumulate

Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).

Assessed value — dollar levels
raw district CAD assessed levels · 5-yr historical · 1-yr forecast · property mix varies with coverage
Awaiting measured historycharts once enough refresh-cycle reads accumulate

Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).

Assessed value — indexed trajectory
YoY-chained index · base 100 at each line's first charted year · 5-yr historical · 1-yr forecast
Awaiting measured historycharts once enough refresh-cycle reads accumulate

Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).

Comp sales — month over month
nearby comp sales vs the assessed anchor · 5-yr window · 1-yr projection
Awaiting measured historycharts once enough refresh-cycle reads accumulate

Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).

Active inventory — month over month
5-yr window · 1-yr projection
Awaiting measured historycharts once enough refresh-cycle reads accumulate

Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).

Liquidity velocity — days on market
5-yr window · 1-yr projection
Awaiting measured historycharts once enough refresh-cycle reads accumulate

Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).

Price-cut share
5-yr window · 1-yr projection
Awaiting measured historycharts once enough refresh-cycle reads accumulate

Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).

Foreclosure presence
5-yr window · 1-yr projection
Awaiting measured historycharts once enough refresh-cycle reads accumulate

Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).

Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.

Foreclosure ledger Investor tier

Unlocked in the Investor tier

Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.

Upgrade to Investor — $249/mo