ZIP 53208

53208 is one of 36 ZIP codes that lie mostly in Milwaukee County, WI.

Shaded by typical home value, it ranks 24 of the 35 with a value.

11 school locations in 53208: 2 elementary, 6 middle, 3 high.

In alphabetical order: Bethune Academy, Groppi High, Hi-Mount Elementary, Metcalfe Elementary, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 53208 was worth $65,349.

Values peaked at $240,265 in June 2026. The latest reading is −0.2% from that peak.

As of August 2026: $239,799, +2.5% over twelve months.

Start with the typical home: $239,799. Put 20% down and borrow $191,839 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,328 a month in principal and interest.

The median household here earns $50,585 a year, $4,215 a month. So the payment takes 31.5% 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 8.6% 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 $391.

In December 2020, with rates at 2.68%, it was $546.

By August 2026, at 6.67%, it was $1,234 — +126% since December 2020, while the home's value moved +42%.

Reported values rose +267% 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 $128,973. So the real change is +86%, not +267%.

53208: +267% since January 2000.

Milwaukee County: +181% since January 2000.

Wisconsin: +178% since January 2000 — 53208 ran ahead of it by 89 points.

Owning the typical home costs about $1,568 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,337 a month.

Price divided by a year's rent: 14.9. 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 32 a month (Redfin, 3-month rolling data through August 2026). That is 92% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 76.

Going out — closed sales: about 28 a month. That is 101% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 2.7 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 4 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 28 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 22 — so sales ran at 127% of it, and below it in 12 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: 76 in June 2026.

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

County assessor records list 6,416 properties with a market value here. Their average assessed market value is $185,400; the typical home value is $239,799.

The assessor average sits −22.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.