ZIP 53227 vs ZIP 53221

53227 is one of 36 ZIP codes that lie mostly in Milwaukee County, WI.

Shaded by typical home value, it ranks 15 of the 35 with a value.

6 school locations in 53227: 3 elementary, 1 middle, 2 high.

In alphabetical order: Central High, Franklin Elementary, Frank Lloyd Wright Intermediate, Irving Elementary, and more on the ZIP page. Locations only — no ratings are shown here.

53221 is one of 36 ZIP codes that lie mostly in Milwaukee County, WI.

Shaded by typical home value, it ranks 16 of the 35 with a value.

9 school locations in 53221: 2 elementary, 6 middle, 1 high.

In alphabetical order: Cooper Elementary, Elm Dale Elementary, Garland Elementary, Greenfield Middle, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 53227 was worth $112,564.

Values peaked at $297,775 in August 2026. The latest reading is the peak.

As of August 2026: $297,775, +4.5% over twelve months.

Start with the typical home: $297,775. Put 20% down and borrow $238,220 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,649 a month in principal and interest.

The median household here earns $71,594 a year, $5,966 a month. So the payment takes 27.6% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 10.5% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $674.

In December 2020, with rates at 2.68%, it was $648.

By August 2026, at 6.67%, it was $1,532 — +136% since December 2020, while the home's value moved +49%.

Reported values rose +165% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $222,157. So the real change is +34%, not +165%.

53227: +165% since January 2000.

Milwaukee County: +181% since January 2000.

Wisconsin: +178% since January 2000 — 53227 ran behind it by 13 points.

Owning the typical home costs about $1,947 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,354 a month.

Price divided by a year's rent: 18.3. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 53221 was worth $102,581.

Values peaked at $293,039 in August 2026. The latest reading is the peak.

As of August 2026: $293,039, +3.8% over twelve months.

Start with the typical home: $293,039. Put 20% down and borrow $234,431 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,623 a month in principal and interest.

The median household here earns $61,640 a year, $5,137 a month. So the payment takes 31.6% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 11.1% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $614.

In December 2020, with rates at 2.68%, it was $632.

By August 2026, at 6.67%, it was $1,508 — +138% since December 2020, while the home's value moved +50%.

Reported values rose +186% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $202,454. So the real change is +45%, not +186%.

53221: +186% since January 2000.

Milwaukee County: +181% since January 2000.

Wisconsin: +178% since January 2000 — 53221 ran ahead of it by 8 points.

Owning the typical home costs about $1,916 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,266 a month.

Price divided by a year's rent: 19.3. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 27 a month (Redfin, 3-month rolling data through August 2026). That is 74% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 40.

Going out — closed sales: about 26 a month. That is 79% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 1.5 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 1 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 26 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 27 — so sales ran at 96% of it, and below it in 20 of the last 24 months.

Across Milwaukee County, builders pulled permits for 1,046 new homes in 2025.

Of those, 18% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 41 a month (Redfin, 3-month rolling data through August 2026). That is 71% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 53.

Going out — closed sales: about 38 a month. That is 68% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 1.4 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 3 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 38 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 46 — so sales ran at 83% of it, and below it in 20 of the last 24 months.

Across Milwaukee County, builders pulled permits for 1,046 new homes in 2025.

Of those, 18% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Milwaukee County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 8,495 moved in. Among the ten receiving the most, 10,162 moved out.

Net across those counties: −1,667 households. Beside it, homes for sale in this ZIP: 40 in June 2026.

Most arrivals came from Waukesha, WI (3,292 households); most departures went to Waukesha, WI (4,553).

County assessor records list 6,122 properties with a market value here. Their average assessed market value is $255,500; the typical home value is $297,775.

The assessor average sits −14.2% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

This ZIP sits in Milwaukee County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 8,495 moved in. Among the ten receiving the most, 10,162 moved out.

Net across those counties: −1,667 households. Beside it, homes for sale in this ZIP: 53 in June 2026.

Most arrivals came from Waukesha, WI (3,292 households); most departures went to Waukesha, WI (4,553).

County assessor records list 10,291 properties with a market value here. Their average assessed market value is $254,900; the typical home value is $293,039.

The assessor average sits −13.0% from the market figure — an average against a typical value, so treat it as a check, not a verdict.