The story of this market
The typical home in ZIP 53215 sells for about $217,711, or $135 per square foot.
Prices are up +2.8% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $977 a month.
ZIP 53215 — Milwaukee
The 53215 housing market remains stable, characterized by high demand for affordable entry-level homes and a tight inventory of active listings. While price growth has moderated, the area continues to attract first-time buyers and investors due to its relative affordability compared to the broader Milwaukee metro area.
This ZIP is well-suited for first-time homebuyers, working-class families, and investors seeking affordable entry points into the Milwaukee market, given the abundance of older, lower-cost housing stock.
Median prices moved up 2.8% year over year.
Homes spend a median of 35 days on market with 2.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 22.0% — a mixed stability 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 8.4%/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 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 53215, 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.
Crime rates in 53215 are higher than the national average, with property and violent crime trends remaining a persistent concern for local law enforcement compared to suburban Milwaukee County.
Public schools serving the area generally face significant performance challenges, with many institutions receiving lower ratings on state accountability report cards.
The area is primarily an urban environment with standard risks for wind and storm damage; flood risk is localized to specific low-lying areas near the Kinnickinnic River.
Economic momentum is driven by proximity to Milwaukee's industrial core and ongoing efforts to revitalize commercial corridors, though large-scale new development remains limited.
Property taxes are assessed by the City of Milwaukee and Milwaukee County, with the effective rate reflecting the city's reliance on property tax revenue to fund municipal services and public schools.
Residents benefit from excellent access to I-94 and I-43, providing a direct commute to downtown Milwaukee's employment hub, typically within 15-20 minutes.
The area features several neighborhood parks, including Baran Park and Pulaski Park, with proximity to the Kinnickinnic River Parkway trails and various local shopping districts along Forest Home Avenue.
The rental market is deep with a high renter share, characterized by steady demand for affordable units and a significant presence of small-scale individual investors.
The economy is anchored by manufacturing, healthcare, and service-sector employers in the greater Milwaukee area, with many residents commuting to nearby industrial parks.
The area is well-served by Milwaukee County Transit System (MCTS) bus routes, providing connectivity to downtown and major employment centers.
Development is largely focused on urban infill and the rehabilitation of historic residential properties to maintain housing density.
The Milwaukee County Assessor's office conducts regular property valuations to determine tax assessments based on market conditions.
Parcels are subject to Milwaukee Public Schools district taxes and various municipal utility service fees.
Property insurance premiums are influenced by the age of the housing stock and regional weather patterns, with standard coverage widely available.
Wisconsin is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a Real Estate Condition Report disclosing known defects in the property.
Data retrieved from US Census Bureau ZCTA profiles.
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™ Caledonia4.310.9 mi
- Slick City Action Park4.46.9 mi
- Urban Air Trampoline and Adventure Park4.412.1 mi
- Dave & Buster's Wauwatosa3.97 mi
- Round1 Bowling & Arcade - Greendale3.84.2 mi
- American Family Field4.72.9 mi
- Fiserv Forum4.73.9 mi
- Milwaukee Public Market4.73.5 mi
- Wisconsin State Fair Park4.54.1 mi
- Baird Center4.53.6 mi
- Milwaukee County Zoo4.65.6 mi
- Harley-Davidson Museum®4.73.1 mi
- Milwaukee Art Museum4.84.1 mi
- Mitchell Park Domes Horticulture Conservatory4.72.4 mi
- Lakefront Brewery4.64.8 mi
- Harley-Davidson Museum®4.73.1 mi
- Milwaukee Art Museum4.84.1 mi
- Milwaukee Public Museum4.83.6 mi
- Discovery World4.64 mi
- Miller High Life Theatre®4.53.7 mi
- Mitchell Park Domes Horticulture Conservatory4.72.4 mi
- Boerner Botanical Gardens4.75.9 mi
- Seven Bridges4.86.7 mi
- Friends of Firefly Grove Park4.97.2 mi
- Bradford Beach4.65.9 mi
- South Shore Yacht Club4.63.1 mi
- McKinley Marina Central Docks4.64.9 mi
- Reefpoint Marina4.619.9 mi
- Milwaukee Yacht Club4.55.1 mi
- South Milwaukee Yacht Club4.57.7 mi
- Brown Deer Park Golf Course4.511.3 mi
- Muskego Lakes Country Club4.311.4 mi
- Oakwood Park Golf Course4.48.8 mi
- New Berlin Hills Golf Course4.36.8 mi
- Whitnall Park Golf Course4.26.5 mi
- Mayfair4.27.2 mi
- Milwaukee Public Market4.73.5 mi
- Southridge Mall4.14.3 mi
- 3rd St. Market Hall4.53.6 mi
- 7 Mile Fair4.211.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A community park offering green space and recreational facilities.
Features sports fields and access to the Kinnickinnic River Parkway.
A major commercial corridor with diverse local retail and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.