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Area data

Milwaukee, WI — ZIP 53218

Population: 41,196 (Census ACS)

Home values & appreciation

Median home value
$170,935
1-year appreciation
+3.2%
3-year appreciation
+14.7%
5-year appreciation
+31.3%
10-year appreciation
+180.9%
All-time peak (2026-07)
$170,935
House Price Index
459.9 (+5.7% YoY)

Market activity

Median sale price
$157,000
Median list price
$159,900
Median days on market
42.5 days
Sale-to-list ratio
97.0%
Active listings
108
1-year forecast
+2.9%
Days to pending
32 days
New listings (monthly)
45

Rents

Typical rent
$1,368/mo
1-year rent change
+8.1%
1BR fair-market rent
$978/mo
3BR fair-market rent
$1,599/mo

Affordability

Cost of living index (Below Average)
93.0 (100 = US avg)
Electricity rate (state-level)
18.2¢/kWh
Natural gas rate (state-level)
$10.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
12
Elementary schools
10
Middle schools
0
High schools
2
Charter schools
3

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, tornado, winterWeather, heatWave, inlandFlooding
FEMA flood zone
A06
Flood risk level
High

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
57.0°F
Average low
42.0°F
Annual precipitation
38.3 in
Annual snowfall
45.1 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
166
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
12.3 / 20
Transit service frequency
440

Amenities

Nearest airport
Lawrence J Timmerman Airport (MWC) (2 mi)
Nearest major airport
General Mitchell International Airport (MKE) (13 mi)
Hospitals nearby (~15 mi)
14
Avg hospital rating
4.3 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-4,168 tax filers

Housing stock

Median year housing built
1,956
Median annual property tax
$2,462
Mean commute to work
21 min
Households with broadband internet
71.3%

Employment & development

Total county employment
415,844
Average weekly wage
$1,276
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
187

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents