Milwaukee 53224

Milwaukee County, WI · 5,856 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

65affordability /100

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

Payment burden
21.3%
affordable
Days on market
41
daily
Price cuts
24.2%
of active
Valuation
-5.4%
vs assessor
Look up an address
82
/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

30/ 100SellerBalancedBuyer
Seller's Market
DOM: 70d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)25
Cancellation Rate (10%)25
Days on Market (5%)75

Seller-favored market in 53224. Expect to pay at or near list price. Payment burden: 21.3% of median income. Median days on market: 70. Renting is approximately 21% cheaper than buying (price-to-rent ratio: 14.5).

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 3.8% YoY.

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Market snapshoteach number, once

Median price
$244,719
▴ 3.8% YoY
Days on market
41
daily · zip_data
Median rent
$1,411
ZORI
Investor score
80/100
cash-flow lens
Active listings
29
90-day

Valuation3 lenses, different anchors

vs assessor
-5.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$231,600
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-income3.5×

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How 53224 ranks in WI
percentile vs all WI ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

35SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply11.7 mo
Days on Market41d
Inv vs History-23.1%
Listing Density--
Market dynamics
Price cut %24.2%
Momentumwarming
LeverageBALANCED
Months of supply11.7
Sales (90d)0
Investment analysis
Median rent$1,411
Price-to-rent14.5
Est. cap rate4.5%
Buy vs rentfavors buying

Livability

Walk score3
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