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Market Snapshot

Median listing price
$268K

The median listing price in Milwaukee, WI ZIP 53222 is $268,000 as of June 2026.

Median rent
$1,300/mo

The median market rent in Milwaukee, WI ZIP 53222 is $1,300/month as of June 2026.

Days on market
214 days

The median days on market in Milwaukee, WI ZIP 53222 is 214 days as of June 2026. The market is currently neutral.

Gross rental yield
5.82%

At a median list price of $268,000 and a median rent of $1,300/month, the gross rental yield in Milwaukee, WI ZIP 53222 is 5.82% as of June 2026.

STR vs LTR
$1,388/mo STR · $1,300/mo LTR

In Milwaukee, WI ZIP 53222, median Airbnb revenue is $1,388/month compared to median long-term rent of $1,300/month as of June 2026.

Milwaukee, WI 53222 Real Estate Market Report

ZIP Code: 53222

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
97
Active Listings
18
Sold Properties
79

Market Metrics

Median Listing Price
$268,000
Median Sold Price
$274,000
Median Price per Sqft
$213/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,300

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.55%

Liquidity & Velocity

Median Days on Market
214
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Milwaukee 53222 area are approximately 6.53%, reflecting a stable market environment for property owners compared to earlier 2026 benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market indicator, the median sold price 274,000, suggests recent transaction values are firm and support continued moderate appreciation; up price momentum aligns with this sold-price signal and supports seller-side pricing power in many transactions.
  2. The relatively long median days on market 214 points to slower sales velocity and increased time needed to transact, which may indicate pricing friction or more selective buyer behavior rather than immediate liquidity; consider targeted pricing or condition improvements to reduce time to contract.
  3. There is a noticeable spread between the median listing price 268,000 and the median sold price 274,000, which may indicate sellers achieving premiums over asking in some transactions; pricing strategy should account for recent sold-price realizations to avoid missed opportunities or extended marketing periods.
  4. Market context shows a moderate interest rate environment with Current 30-year fixed mortgage rates in the Milwaukee 53222 area at 6.53%, combined with a up rent year-over-year trend and a neutral market temperature; financing costs and rising rents should be factored into hold vs. sell decisions and investor underwriting.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

2760 N Park Dr, Wauwatosa, WI 53222
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds2 baths2,438 sqft
$550,000
May 1, 2026
$226/sqft/sqft
109 days on market
3320 N Knoll Ter, Wauwatosa, WI 53222
Premium

Sold above market average

3 beds2 baths1,477 sqft
$493,000
Mar 1, 2026
$334/sqft/sqft
125 days on market
2868 N 118th St, Wauwatosa, WI 53222
Market Benchmark

Sold at market average

3 beds2 baths1,890 sqft
$425,000
Apr 1, 2026
$225/sqft/sqft
77 days on market
3238 N 86th St, Milwaukee, WI 53222
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds1 baths1,098 sqft
$280,900
May 1, 2026
$256/sqft/sqft
444 days on market
3133 N 89th St, Milwaukee, WI 53222
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,077 sqft
$279,900
May 1, 2026
$260/sqft/sqft
107 days on market
3138 N 89th St, Milwaukee, WI 53222
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths977 sqft
$277,500
May 1, 2026
$284/sqft/sqft
198 days on market
9821 W Grantosa Dr, Wauwatosa, WI 53222
Value

Sold below market average

3 beds1 baths1,374 sqft
$135,000
Mar 1, 2026
$98/sqft/sqft
3451 N 92nd St, Milwaukee, WI 53222
Value

Sold below market average

2 beds1 baths1,008 sqft
$100,000
Mar 1, 2026
$99/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$523/mo
53222 Avg Rent
53222 Cost to Own
Rent$1,300
Own$1,823

20% down, 6.53% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

53222 Avg nightly rate
53222 Avg occupancy (days/year)
Nightly rate$118/night
Occupancy139 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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