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Updated May 2026 · Redfin · 3-month window

53216 Real Estate Market Update: Milwaukee, WI, May 2026

The latest housing-market numbers for ZIP code 53216 in Milwaukee, Wisconsin, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 53216 · Milwaukee, WI · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$185K▲ +3.1%▲ +12.5%
Days on market40▼ -5.9%▼ -17.5%
Homes for sale94▼ -2.1%▲ +20.5%
Sale-to-list97.8%▼ -0.3%▲ +0.3%
Homes sold95▼ -1.0%▲ +28.4%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 53216 numbers say

Prices in Milwaukee's 53216 ZIP are still climbing. The median sale price reached $185,000, up 12.5% year over year. Pace is steady: a typical listing goes under contract in about 40 days, with sellers getting 97.8% of list price.

Based on 95 recent sales, 53216 is currently an active market.

What this means if you sell in 53216

Use these figures to set expectations early. Lead a listing appointment with the median price and the 40-day pace, show the year-over-year direction, and frame 53216 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 53216 housing market

What is the median home price in ZIP 53216 (Milwaukee, WI)?
As of May 2026, the median sale price in ZIP 53216 is $185,000 (+12.5% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 53216 a buyer's or seller's market right now?
ZIP 53216 is currently an active market, based on a 97.8% sale-to-list ratio, about 40 days on market for May 2026.
How long do homes take to sell in ZIP 53216?
A typical listing in 53216 goes under contract in about 40 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 53216 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.