Milwaukee County, Wisconsin Housing Market
In Milwaukee County, Wisconsin, the median home value is $230,700, with a median monthly rent of $1,101. This places Milwaukee County at #1070 nationally out of 3134 counties by median home value, and #34 within Wisconsin.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,388
- Establishments: 28,911
- BLS QCEW, 2025
Housing Supply
- Single-family: 186
- Multi-family: 860
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 378,008 (avg $74,667)
- Outflow: 375,207 (avg $75,367)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Milwaukee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 53202 | 281.5 | +20.79% | 2025 |
| 2 | 53212 | 350.4 | +17.18% | 2025 |
| 3 | 53218 | 258.3 | +7.05% | 2025 |
| 4 | 53224 | 222.2 | +3.83% | 2025 |
| 5 | 53208 | 267.4 | +7.90% | 2025 |
| 6 | 53209 | 244.2 | +7.87% | 2025 |
| 7 | 53110 | 255.4 | +9.50% | 2025 |
| 8 | 53207 | 291.9 | +5.75% | 2025 |
| 9 | 53235 | 266.1 | +3.97% | 2025 |
| 10 | 53214 | 240.5 | +6.25% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Milwaukee County on Our Sister Sites
Get the complete picture for Milwaukee County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Milwaukee County Compares
| Metric | Milwaukee County | Wisconsin Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $230,700 | $234,086 | $227,706 |
| Median Gross Rent | $1,101 | $915 | $968 |
| Owner Occupancy Rate | 49.9% | 75.9% | 73.3% |
| Price/Rent Ratio | 17.5 | 21.2 | 18.7 |
Market Analysis
The median home value in Milwaukee County is 1.4% below the Wisconsin state average and 1.3% above the U.S. national average. The median rent of $1,101/month is 20.3% above the state average.
With a price-to-rent ratio of 17.5, the buy-vs-rent decision in Milwaukee County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Milwaukee County has an owner-occupancy rate of 49.9%, compared to 75.9% in Wisconsin and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lake County | Indiana | $230,600 | $1,131 |
| Livingston Parish | Louisiana | $230,600 | $1,151 |
| Jackson County | Missouri | $230,500 | $1,197 |
| Tulsa County | Oklahoma | $230,400 | $1,110 |
| Treasure County | Montana | $230,300 | $850 |
Other Counties in Wisconsin
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Burnett County | $231,300 | $771 | 85.9% |
| Oconto County | $231,400 | $791 | 85.0% |
| Rock County | $231,600 | $1,037 | 71.2% |
| Dodge County | $231,900 | $988 | 71.3% |
| Sheboygan County | $232,700 | $934 | 71.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).