53207 Housing Market Report May 2025•Milwaukee County, Wisconsin

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Housing Prices in 53207, WI

How much do homes in 53207, WI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$325,000$243/SqFt
+$20,050
+6.6%

Based on all homes listed in May 2025

Insight

The list price of homes in 53207 has increased by 6.6% since April.

Summary: The median home list price in 53207 was $325,000 in May 2025, up 6.6% from the previous month, and the median price per square foot was $243.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
53207
+6.6%
53215
-4.3%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1$204.9K$212.4K
+3.7%
2$249.9K$249.9K
0.0%
3$345K$349K
+1.2%
4$425K$425K
0.0%
5--
N/A

Summary: 53207 housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes increased by +3.7%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +1.2%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 53207, WI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

53207, WI

Housing supply in 53207, WI

How many homes are available in 53207, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
70Last MonthMay 2025
402 months agoApr 2025
+75.0 %
Change MoMApr – May

Summary: The 53207 real estate market had 70 homes for sale in May 2025, a 75.0 % increase compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
156
+20.0%
21313
0.0%
31941
+115.8%
4310
+233.3%
500
0.0%

Summary: 53207 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +115.8%. The inventory for 4 bedroom homes increased by +233.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 53207, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price15 Homes

At Asking Price3 Homes

Under Asking Price8 Homes

Insight

If you're buying a home in 53207, you could pay more than the asking price. 57.7% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 53207 in May 2025, up by 766.7% month-over-month. Of the 26 sold homes, 31% were sold under asking, 12% were sold at asking, and and 58% were sold over asking.

Days on Market for 53207, WI

How long does it take to sell a home in 53207, WI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
33 DaysLast MonthMay 2025
40 Days1 month agoApr 2025
-16.4 %
Change MoMApr – May

Summary: Homes in 53207 had an average listing age of 33 days in May 2025, down by 16.4% compared to the previous month.

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Newest Listings in 53207, WI

What homes are available in 53207, WI?

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MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, for the period 04/01/2025 - 06/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.