Milwaukee 53223

Milwaukee County, WI · 9,016 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

61affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
23.6%
affordable
Days on market
42
daily
Price cuts
12.7%
of active
Valuation
-13.1%
vs assessor
Look up an address
84
/100
strong
warming · balanced · prices rising year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

23/ 100SellerBalancedBuyer
Seller's Market
DOM: 59d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)70
Buy vs Rent (15%)25
Cancellation Rate (10%)0
Days on Market (5%)60

Seller-favored market in 53223. Expect to pay at or near list price. Payment burden: 23.7% of median income. Median days on market: 59. Renting is approximately 5% cheaper than buying (price-to-rent ratio: 12.6).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers. Prices up 4.7% YoY.

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Market snapshoteach number, once

Median price
$235,726
▴ 4.7% YoY
Days on market
42
daily · zip_data
Median rent
$1,563
ZORI
Investor score
89/100
cash-flow lens
Active listings
42
90-day

Valuation3 lenses, different anchors

vs assessor
-13.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$204,900
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+74.4%
County-wide market — the widest, slowest signal.
Milwaukee+74.4%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft—
Price-to-income3.9×

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How 53223 ranks in WI
percentile vs all WI ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

48SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply7.7 mo
Days on Market42d
Inv vs History-29.4%
Listing Density--
Market dynamics
Price cut %12.7%
Momentumwarming
LeverageBALANCED
Months of supply7.7
Sales (90d)0
Investment analysis
Median rent$1,563
Price-to-rent12.6
Est. cap rate5.2%
Buy vs rentfavors buying

Livability

Walk score2
Transit score6
Bike score—

Historical trends

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Milwaukee County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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Milwaukee Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Milwaukee County