53207 — Milwaukee County, Wisconsin Market Snapshot

Housing market data for zip code 53207 in Milwaukee County, Wisconsin. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

125 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$332,500

-14.7% YoYClosed sales

Days to Sell

35

Median, listing to close

Homes Sold

125

Closed in 2026

Inventory

100

Sale-to-List

102.4%

New Listings

182

Price/SqFt

$242

Pending Sales

154

Conforming Loan Available

Most homebuyers in 53207 can comfortably use conventional financing. The median home price of $332,500 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

53207's market is balanced with homes taking an average of 35 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes in 53207 are selling 2.4% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 53207 can comfortably use conventional financing. The median home price of $332,500 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 53207 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 53207

To purchase the median home at $332,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,698.

Monthly Payment

$2,698

Income Required

$115,608

Principal & Interest

$2,049/mo

Down Payment (5%)

$16,625

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 53207.

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Estimated Monthly Payment

$2,208

Principal & Interest$1,725
Property Tax$333
Insurance$150
Loan Amount$266,000
Total Interest$355,097
Income Required$94,619/yr

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