The story of this market
The typical home in ZIP 53172 sells for about $317,000.
Prices are up +3.6% from a year ago, so sellers still have some momentum. Homes take about 17 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,014 a month.
ZIP 53172 — South Milwaukee
The South Milwaukee housing market shows resilience with a median sale price of $317,000 and a competitive environment. Low inventory levels and steady demand are driving price appreciation, though the market remains sensitive to broader economic shifts. Buyers are active, as evidenced by the short median days on market.
This ZIP is well-suited for family buyers and commuters who value a suburban lifestyle with direct access to Lake Michigan amenities. It appeals to those seeking a balance between affordability and proximity to the Milwaukee employment hub.
Median prices moved up 3.6% year over year.
Homes spend a median of 17 days on market with 2.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 101.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 13.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 53172, Milwaukee County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
South Milwaukee experiences crime rates generally consistent with other suburban communities in the Milwaukee metropolitan area. Local law enforcement maintains active community policing initiatives to address property and public safety concerns.
The area is served by the South Milwaukee School District, which provides a range of public educational options for local families. Schools in the district are generally characterized by stable performance metrics within the regional context.
The geography is situated along the Lake Michigan shoreline, presenting considerations for wind exposure and localized drainage management. Standard property insurance coverage is typical for the region, with flood risk primarily concentrated in specific low-lying areas near the lakefront.
South Milwaukee benefits from its proximity to the Milwaukee employment core and ongoing efforts to revitalize its historic downtown district. Infrastructure investments and local economic development programs focus on maintaining the city's appeal as a residential suburb.
Property taxes are levied by the city, county, and school district, with rates determined by annual assessments conducted by the local assessor. The tax structure includes standard exemptions for primary residences, and special assessments may apply for specific municipal services or infrastructure improvements.
Residents typically commute north to downtown Milwaukee via I-94 or local arterial roads, with travel times generally ranging from 20 to 30 minutes depending on traffic. Public transit options include regional bus services connecting the suburb to the broader Milwaukee transit network.
The city features extensive access to Lake Michigan via Grant Park, which offers trails, beaches, and golf facilities. Local shopping and dining are concentrated along the main commercial corridors, providing convenient access to daily amenities.
The rental market is characterized by steady demand from residents seeking suburban living with proximity to Milwaukee. Vacancy rates remain low, and the market includes a mix of single-family rentals and multi-family apartment complexes.
The local economy is supported by a mix of manufacturing, healthcare, and service-sector employers. Proximity to Milwaukee allows residents to access a diverse regional job market.
The area is served by major highway corridors including I-94 and local arterial roads. Public transportation is provided by the Milwaukee County Transit System.
Development planning focuses on infill residential projects and the continued enhancement of the downtown commercial district. Zoning policies prioritize maintaining the suburban character of the community.
The Milwaukee County assessment office manages property valuations for tax purposes, utilizing mass appraisal techniques to ensure equitable distribution of the tax burden.
Parcels are subject to municipal, county, and school district taxes, with additional levies for regional services such as sewage and public safety.
Property insurance premiums are influenced by regional weather patterns, including wind and winter storm risks. Market health is stable with competitive offerings from major national carriers.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jellystone Park™ Caledonia4.35.9 mi
- Slick City Action Park4.413.5 mi
- Urban Air Trampoline and Adventure Park4.417.8 mi
- Dave & Buster's Wauwatosa3.913.7 mi
- Round1 Bowling & Arcade - Greendale3.87.5 mi
- American Family Field4.79.7 mi
- Fiserv Forum4.79.6 mi
- Milwaukee Public Market4.78.8 mi
- Wisconsin State Fair Park4.510.7 mi
- Baird Center4.59.2 mi
- Milwaukee County Zoo4.612.1 mi
- Harley-Davidson Museum®4.78.7 mi
- Milwaukee Art Museum4.89 mi
- Mitchell Park Domes Horticulture Conservatory4.78.9 mi
- Lakefront Brewery4.610.1 mi
- Harley-Davidson Museum®4.78.7 mi
- Milwaukee Art Museum4.89 mi
- Milwaukee Public Museum4.89.3 mi
- Discovery World4.68.8 mi
- Miller High Life Theatre®4.59.4 mi
- Mitchell Park Domes Horticulture Conservatory4.78.9 mi
- Boerner Botanical Gardens4.78.6 mi
- Seven Bridges4.81.1 mi
- Bradford Beach4.610.3 mi
- Cathedral Square Park4.69.2 mi
- South Shore Yacht Club4.65.9 mi
- McKinley Marina Central Docks4.69.6 mi
- Reefpoint Marina4.613.3 mi
- Milwaukee Yacht Club4.59.7 mi
- South Milwaukee Yacht Club4.51.2 mi
- Muskego Lakes Country Club4.311.8 mi
- Oakwood Park Golf Course4.46.1 mi
- Whitnall Park Golf Course4.28.5 mi
- New Berlin Hills Golf Course4.312.5 mi
- Greenfield Park Golf Course4.112.2 mi
- Milwaukee Public Market4.78.8 mi
- Southridge Mall4.17.5 mi
- 7 Mile Fair4.27.3 mi
- 3rd St. Market Hall4.59.1 mi
- Meijer4.37 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large regional park featuring Lake Michigan shoreline, hiking trails, and a golf course.
Historic district with local businesses and community gathering spaces.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.