The story of this market
The typical home in ZIP 53204 sells for about $200,500, or $156 per square foot.
Prices are up +19% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,004 a month.
ZIP 53204 — Milwaukee
The 53204 housing market is experiencing significant price appreciation, with a 19% year-over-year increase in median sale price. The market remains active with a relatively short time on market, though affordability remains a challenge for many residents given the lower median household income. Inventory remains tight, driving competitive conditions for available properties.
This ZIP is well-suited for budget-conscious buyers, investors, and renters who prioritize proximity to the urban core and lower entry price points compared to the broader metro area.
Median prices moved up 19.0% year over year.
Homes spend a median of 38 days on market with 2.1 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 97.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 32.2% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 53204, 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.
The mean travel time to work for residents in this ZIP is approximately 21.2 minutes.
The area features local urban parks and proximity to the broader Milwaukee park system and lakefront amenities within a short drive.
The rental market is characterized by high demand relative to supply, with a significant portion of the population being renters.
The local economy is integrated into the broader Milwaukee industrial and service-sector base.
Data sourced from Census Reporter and ACS 2024 5-year tables.
- Jellystone Park™ Caledonia4.312.5 mi
- Slick City Action Park4.46.8 mi
- Urban Air Trampoline and Adventure Park4.412.5 mi
- Dave & Buster's Wauwatosa3.96.7 mi
- Round1 Bowling & Arcade - Greendale3.85.9 mi
- American Family Field4.72.4 mi
- Fiserv Forum4.72.1 mi
- Milwaukee Public Market4.71.7 mi
- Wisconsin State Fair Park4.54.3 mi
- Baird Center4.51.8 mi
- Milwaukee County Zoo4.65.8 mi
- Harley-Davidson Museum®4.71.3 mi
- Milwaukee Art Museum4.82.3 mi
- Mitchell Park Domes Horticulture Conservatory4.71.2 mi
- Lakefront Brewery4.63 mi
- Harley-Davidson Museum®4.71.3 mi
- Milwaukee Art Museum4.82.3 mi
- Milwaukee Public Museum4.81.8 mi
- Discovery World4.62.2 mi
- Miller High Life Theatre®4.51.9 mi
- Mitchell Park Domes Horticulture Conservatory4.71.2 mi
- Boerner Botanical Gardens4.77.5 mi
- Seven Bridges4.87.6 mi
- Friends of Firefly Grove Park4.97 mi
- Bradford Beach4.64.2 mi
- South Shore Yacht Club4.62.6 mi
- McKinley Marina Central Docks4.63.1 mi
- Milwaukee Yacht Club4.53.3 mi
- CenterPointe Marine Milwaukee4.41.3 mi
- SkipperBud's Service Center4.11.2 mi
- Brown Deer Park Golf Course4.59.7 mi
- Dretzka Park Golf Course4.412.4 mi
- Oakwood Park Golf Course4.410.6 mi
- New Berlin Hills Golf Course4.37.6 mi
- Whitnall Park Golf Course4.28.2 mi
- Mayfair4.26.8 mi
- Milwaukee Public Market4.71.7 mi
- Southridge Mall4.16 mi
- 3rd St. Market Hall4.51.7 mi
- 7 Mile Fair4.212.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).