ZIP 53209

53209 is one of 36 ZIP codes that lie mostly in Milwaukee County, WI.

Shaded by typical home value, it ranks 32 of the 35 with a value.

11 school locations in 53209: 3 elementary, 3 middle, 5 high.

In alphabetical order: ASSATA High, Banner Preparatory School of Milwaukee, Barbee Elementary, Glen Hills Middle, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 53209 was worth $91,777.

Values peaked at $171,252 in June 2007. The latest reading is −2.7% from that peak.

As of August 2026: $166,648, +3.9% over twelve months.

Start with the typical home: $166,648. Put 20% down and borrow $133,318 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $923 a month in principal and interest.

The median household here earns $45,288 a year, $3,774 a month. So the payment takes 24.5% 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 13.5% 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 $550.

In December 2020, with rates at 2.68%, it was $378.

By August 2026, at 6.67%, it was $857 — +127% since December 2020, while the home's value moved +43%.

Reported values rose +82% 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 $181,131. So the real change is −8%, not +82%.

53209: +82% since January 2000.

Milwaukee County: +181% since January 2000.

Wisconsin: +178% since January 2000 — 53209 ran behind it by 96 points.

Owning the typical home costs about $1,090 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,434 a month.

Price divided by a year's rent: 9.7. 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 69 a month (Redfin, 3-month rolling data through August 2026). That is 112% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 160. That is 82% of the 2015–2019 level for the same months.

Going out — closed sales: about 52 a month. That is 99% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 3.1 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 17 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 52 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 45 — so sales ran at 116% of it, and below it in 10 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: 160 in June 2026.

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

County assessor records list 13,034 properties with a market value here. Their average assessed market value is $137,600; the typical home value is $166,648.

The assessor average sits −17.4% from the market figure — an average against a typical value, so treat it as a check, not a verdict.