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The median home value in Milwaukee, WI is $230,242 as of 2026-07-31, up 3.27% from a year earlier.
Median Home Value
$230,242
Year-over-Year
+3.27%
Population
560,416
Milwaukee ranks #117 of 124 Wisconsin cities tracked here by median home value, and sits 34.5% below the state's city median of $351,517. It sits in Milwaukee County, where the county-wide median is $295,794.
Median household income in Milwaukee is $54,234, so the typical home value is about 4.2× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Milwaukee police recorded a violent crime rate of 1,431 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,701 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Milwaukee, that value is $230,242. That's up 3.27% from a year earlier. It is about 34.5% below the typical Wisconsin city tracked here.
Homes in Milwaukee are cheaper than Milwaukee County as a whole, where the median is $295,794 — a difference of about 22.2%.
Median household income here is $54,234, so the typical home value is about 4.2× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Milwaukee police reported 1,431 violent crimes per 100,000 residents, covering a population of about 560,416. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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