53129 — Milwaukee County, Wisconsin Market Snapshot
Housing market data for zip code 53129 in Milwaukee County, Wisconsin. Updated monthly with median prices, days on market, and more.
Market Sales Data
34 sales in 2026 (year to date)
Median Sale Price
$397,500
Days to Sell
29
Homes Sold
34
Inventory
14
Sale-to-List
105.0%
New Listings
43
Price/SqFt
$235
Pending Sales
46
Conforming Loan Available
Most homebuyers in 53129 can comfortably use conventional financing. The median home price of $397,500 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
Homes in 53129 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 53129 are selling 5.0% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 53129 can comfortably use conventional financing. The median home price of $397,500 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 53129 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 53129
To purchase the median home at $397,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,196.
Monthly Payment
$3,196
Income Required
$136,951
Principal & Interest
$2,449/mo
Down Payment (5%)
$19,875
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 53129.
Estimated Monthly Payment
$2,610
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