The story of this market
The typical home in ZIP 53207 sells for about $343,500, or $215 per square foot.
Prices are up +5.7% from a year ago, so sellers still have some momentum. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,197 a month.
ZIP 53207 — Milwaukee
The 53207 housing market is currently experiencing strong demand, characterized by a high sale-to-list ratio and rapid turnover of inventory. Rising median prices and low months of supply indicate a competitive environment driven by the area's desirability and limited housing stock.
This ZIP is ideal for young professionals, first-time homebuyers, and those seeking an urban lifestyle with strong community amenities and proximity to the lakefront.
Median prices moved up 5.7% year over year.
Homes spend a median of 15 days on market with 3.0 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 101.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 7.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 53207, 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.
Crime trends in the Bay View area (53207) are generally considered lower than the broader Milwaukee city average, though property crime remains a focus for local law enforcement.
Schools serving the area are part of Milwaukee Public Schools, with performance ratings varying significantly by individual school site.
The area faces standard Midwestern climate risks, including heavy winter snow and occasional severe summer storms; flood risk is primarily concentrated near the Lake Michigan shoreline.
The area benefits from its proximity to downtown Milwaukee's employment core and ongoing revitalization efforts along the Kinnickinnic Avenue corridor.
Property taxes are levied by the City of Milwaukee, Milwaukee County, and Milwaukee Public Schools, with rates determined by annual millage adjustments and local assessment cycles.
Residents enjoy a relatively short commute to downtown Milwaukee via I-94 and local arterial roads, with moderate access to public transit options.
The ZIP features significant access to Lake Michigan via South Shore Park and the Oak Leaf Trail, alongside numerous local parks and the vibrant dining/shopping district of Bay View.
The rental market is highly competitive due to the area's popularity with young professionals, leading to low vacancy rates and consistent upward pressure on rents.
The local economy is anchored by the broader Milwaukee metro area, with significant employment in manufacturing, healthcare, and professional services.
The area is served by a grid of arterial roads and is well-connected to the regional highway system, including I-94 and I-43.
Development is focused on infill housing and the adaptive reuse of older commercial properties along major transit corridors.
The City of Milwaukee Assessor's Office manages property valuations, which are updated annually to reflect market conditions.
Parcels are subject to Milwaukee Public Schools district taxes and various municipal service levies.
Property insurance premiums are influenced by regional weather patterns and the age of the housing stock, which is predominantly historic.
Wisconsin is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Wisconsin law requires sellers to provide a Real Estate Condition Report disclosing known defects to potential buyers.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jellystone Park™ Caledonia4.39.5 mi
- Slick City Action Park4.49.3 mi
- Urban Air Trampoline and Adventure Park4.414.4 mi
- Dave & Buster's Wauwatosa3.99.4 mi
- Round1 Bowling & Arcade - Greendale3.85.3 mi
- American Family Field4.75.2 mi
- Fiserv Forum4.75.1 mi
- Milwaukee Public Market4.74.4 mi
- Wisconsin State Fair Park4.56.6 mi
- Baird Center4.54.8 mi
- Milwaukee County Zoo4.68 mi
- Harley-Davidson Museum®4.74.2 mi
- Milwaukee Art Museum4.84.8 mi
- Mitchell Park Domes Horticulture Conservatory4.74.4 mi
- Lakefront Brewery4.65.8 mi
- Harley-Davidson Museum®4.74.2 mi
- Milwaukee Art Museum4.84.8 mi
- Milwaukee Public Museum4.84.9 mi
- Discovery World4.64.6 mi
- Miller High Life Theatre®4.54.9 mi
- Mitchell Park Domes Horticulture Conservatory4.74.4 mi
- Boerner Botanical Gardens4.76.9 mi
- Seven Bridges4.84.4 mi
- Friends of Firefly Grove Park4.99.6 mi
- Bradford Beach4.66.4 mi
- South Shore Yacht Club4.62.1 mi
- McKinley Marina Central Docks4.65.5 mi
- Reefpoint Marina4.617.9 mi
- Milwaukee Yacht Club4.55.6 mi
- South Milwaukee Yacht Club4.55.4 mi
- Brown Deer Park Golf Course4.512.9 mi
- Muskego Lakes Country Club4.311.9 mi
- Oakwood Park Golf Course4.48 mi
- New Berlin Hills Golf Course4.39.1 mi
- Whitnall Park Golf Course4.27.2 mi
- Mayfair4.29.6 mi
- Milwaukee Public Market4.74.4 mi
- Southridge Mall4.15.3 mi
- 3rd St. Market Hall4.54.7 mi
- 7 Mile Fair4.210 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major lakefront park with marina and beach access.
Extensive regional trail system passing through the ZIP.
Popular commercial corridor with high density of local restaurants and shops.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.