The story of this market
The typical home in ZIP 53218 sells for about $156,000, or $139 per square foot.
Prices are down 8% from a year ago, which gives buyers more room to negotiate. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,067 a month.
ZIP 53218 — Milwaukee
The 53218 housing market is experiencing a decline in median sale prices, which fell 8.0% year-over-year to $156,000. While sales volume has seen a slight increase, the market remains characterized by lower income levels and high poverty rates compared to the broader metro area. Several metrics, including active inventory and specific tax data, were not determinable at the ZIP level.
This area is primarily suited for budget-conscious buyers and investors looking for entry-level single-family homes.
Median prices moved down 8.0% 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 10.3% · poverty 25.9% — elevated distress and economic pressure.
ZCTA 53218, 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 average travel time to work for residents is approximately 23.2 minutes.
Market rent is approximately $1400 per month for residential units.
The local economy is part of the broader Milwaukee-Waukesha metro area, with a significant portion of the population living below the poverty line.
Data retrieved from Census Reporter and data.census.gov profiles.
- Slick City Action Park4.44.9 mi
- Jellystone Park™ Caledonia4.319.5 mi
- Urban Air Trampoline and Adventure Park4.410.2 mi
- Dave & Buster's Wauwatosa3.94.2 mi
- Round1 Bowling & Arcade - Greendale3.811 mi
- American Family Field4.75.8 mi
- Fiserv Forum4.76.1 mi
- Milwaukee Public Market4.76.9 mi
- Wisconsin State Fair Park4.56.1 mi
- Baird Center4.56.4 mi
- Milwaukee County Zoo4.65.7 mi
- Harley-Davidson Museum®4.76.9 mi
- Milwaukee Art Museum4.87.1 mi
- Mitchell Park Domes Horticulture Conservatory4.76.4 mi
- Lakefront Brewery4.66.2 mi
- Harley-Davidson Museum®4.76.9 mi
- Milwaukee Art Museum4.87.1 mi
- Milwaukee Public Museum4.86.3 mi
- Discovery World4.67.3 mi
- Miller High Life Theatre®4.56.3 mi
- Mitchell Park Domes Horticulture Conservatory4.76.4 mi
- Boerner Botanical Gardens4.712 mi
- Friends of Firefly Grove Park4.94.6 mi
- Bradford Beach4.67.2 mi
- Schlitz Audubon Nature Center4.87.5 mi
- South Shore Yacht Club4.69.8 mi
- McKinley Marina Central Docks4.67.1 mi
- Milwaukee Yacht Club4.57.1 mi
- South Milwaukee Yacht Club4.516.1 mi
- CenterPointe Marine Milwaukee4.47.6 mi
- Brown Deer Park Golf Course4.54.1 mi
- Wanaki Golf Course4.48.5 mi
- Dretzka Park Golf Course4.44.9 mi
- New Berlin Hills Golf Course4.38.1 mi
- Whitnall Park Golf Course4.212.9 mi
- Mayfair4.23.8 mi
- Milwaukee Public Market4.76.9 mi
- Southridge Mall4.111.1 mi
- 3rd St. Market Hall4.56.6 mi
- Bayshore4.24.5 mi
- Milwaukee Mitchell International Airport4.512.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).