The story of this market
The typical home in ZIP 53223 sells for about $237,300, or $165 per square foot.
Prices are roughly flat from a year ago (-0.99%), a market in balance. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,109 a month.
ZIP 53223 — Milwaukee
The 53223 housing market remains stable with a median listing price of $237,300, reflecting steady demand for affordable residential inventory. While year-over-year prices have seen a slight decline, the market maintains a healthy sale-to-list ratio of 100.8%, indicating competitive conditions for well-priced homes. Low inventory levels continue to support current pricing, though buyers remain sensitive to interest rate fluctuations.
This ZIP is well-suited for first-time homebuyers and families seeking affordable housing options within the Milwaukee metropolitan area.
Median prices moved down 1.0% year over year.
Homes spend a median of 35 days on market with 3.5 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 100.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.9% · poverty 12.6% — 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 6.4%/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 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 53223, 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 area is served by both the Brown Deer School District and Milwaukee Public Schools, with varying performance ratings across individual campuses.
The area features established residential neighborhoods and proximity to major medical facilities like Aurora Sinai and Rogers Memorial Hospital.
Property taxes are assessed at the municipal level within Milwaukee County, subject to state-mandated levy limits and local school district mill rates.
Residents typically commute via I-41/US-45 corridors toward downtown Milwaukee, with average commute times reflecting regional traffic patterns.
The area offers access to local parks and community facilities, with proximity to shopping and dining corridors along the Brown Deer and Milwaukee border.
The rental market is characterized by a mix of single-family and multi-family units, with steady demand driven by proximity to local employment hubs.
The local economy is anchored by healthcare services and retail, with strong ties to the broader Milwaukee labor market.
The area is served by major highway corridors including I-41 and US-45, facilitating regional access.
Development is primarily focused on residential infill and maintenance of existing commercial corridors.
The Milwaukee County assessment regime utilizes annual market-value updates to determine property tax liabilities.
Parcels are subject to municipal, county, and school district levies, including the Brown Deer and Milwaukee school districts.
Property insurance premiums are influenced by regional weather patterns and standard urban risk factors.
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.
- Slick City Action Park4.48.9 mi
- Urban Air Trampoline and Adventure Park4.413.4 mi
- Dave & Buster's Wauwatosa3.98.2 mi
- Round1 Bowling & Arcade - Greendale3.815 mi
- K1 Speed Milwaukee4.413.8 mi
- American Family Field4.79.6 mi
- Fiserv Forum4.79 mi
- Milwaukee Public Market4.79.8 mi
- Wisconsin State Fair Park4.510.2 mi
- Baird Center4.59.3 mi
- Milwaukee County Zoo4.69.8 mi
- Harley-Davidson Museum®4.79.9 mi
- Milwaukee Art Museum4.89.8 mi
- Mitchell Park Domes Horticulture Conservatory4.79.9 mi
- Lakefront Brewery4.68.7 mi
- Harley-Davidson Museum®4.79.9 mi
- Milwaukee Art Museum4.89.8 mi
- Milwaukee Public Museum4.89.3 mi
- Discovery World4.610 mi
- Miller High Life Theatre®4.59.2 mi
- Mitchell Park Domes Horticulture Conservatory4.79.9 mi
- Lion's Den Gorge Nature Preserve4.812.7 mi
- Friends of Firefly Grove Park4.98.6 mi
- Bradford Beach4.69.1 mi
- Schlitz Audubon Nature Center4.84.9 mi
- South Shore Yacht Club4.612.7 mi
- McKinley Marina Central Docks4.69.4 mi
- Port Washington Marina4.716.4 mi
- Milwaukee Yacht Club4.59.3 mi
- South Milwaukee Yacht Club4.519.3 mi
- Brown Deer Park Golf Course4.51.8 mi
- Wanaki Golf Course4.410.3 mi
- Dretzka Park Golf Course4.43.7 mi
- Kettle Hills Golf Course4.312.7 mi
- New Berlin Hills Golf Course4.312.2 mi
- Mayfair4.27.8 mi
- Milwaukee Public Market4.79.8 mi
- 3rd St. Market Hall4.59.5 mi
- Bayshore4.24.6 mi
- Brookfield Square4.111.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional medical facility serving the local community.
Anchor medical institution providing comprehensive care.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.