53215 — Milwaukee County, Wisconsin Market Snapshot

Housing market data for zip code 53215 in Milwaukee County, Wisconsin. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

31 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$210,000

-5.6% YoYClosed sales

Days to Sell

37

Median, listing to close

Homes Sold

31

Closed in 2026

Inventory

18

Sale-to-List

101.6%

New Listings

36

Price/SqFt

$109

Pending Sales

32

Conforming Loan Available

Most homebuyers in 53215 can comfortably use conventional financing. The median home price of $210,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

53215's market is balanced with homes taking an average of 37 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 53215 (101.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 53215 can comfortably use conventional financing. The median home price of $210,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 53215 are set at the county level.

2026 Loan Limits — Milwaukee County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 53215

To purchase the median home at $210,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,759.

Monthly Payment

$1,759

Income Required

$75,384

Principal & Interest

$1,294/mo

Down Payment (5%)

$10,500

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 53215.

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Estimated Monthly Payment

$1,450

Principal & Interest$1,090
Property Tax$210
Insurance$150
Loan Amount$168,000
Total Interest$224,270
Income Required$62,127/yr

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