SIALIMStatistical Intelligence for America's Local Investment Markets

53209Milwaukee, WI Home Values

Typical home value $170,345 as of June 2026 · 76th of 79 in Milwaukee-Waukesha, WI

Typical value — June 2026
$170,345
observed, not a forecast
Past 12 months
+3.3%
trailing year-over-year change
Past 5 years
+24.4%
June 2021 to June 2026
Rank in metro
76th
of 79 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 53209, June 2021 to June 2026. This page shows observed data only; no forecast.

How 53209 compares in the Milwaukee-Waukesha, WI area

ZIP code 53209 (Milwaukee, WI) has a typical home value of $170,345 as of June 2026, ranking 76th of 79 ZIP codes tracked in the Milwaukee-Waukesha, WI area, more expensive than about 5% of ZIP codes in the metro. Prices here have moved +3.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +24.4%, from $136,943 in June 2021 to $170,345 in June 2026. Against observed rent, the typical home here sells for 10.2× the annual rent ($1,386/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Milwaukee-Waukesha, WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Milwaukee.

Population and demographics

ZIP code 53209 has a population of 44,963, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 66.3% Black or African American, 22.8% White, 4% Hispanic or Latino, 3.6% two or more races, 2.1% Asian, 1% another race, and 0.2% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Thurston Woods Elementary5966 N 35th St, Milwaukee, WI0.3 mi
Glen Hills Middle2600 W Mill Rd, Glendale, WI0.5 mi
Parkway Elementary5910 N Milwaukee River Pkwy, Glendale, WI1.1 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 53209?

$170,345 as of June 2026, the latest month Zillow has published observed data for.

Is 53209 an expensive ZIP code in the Milwaukee-Waukesha, WI area?

53209 ranks 76th of 79 ZIP codes in the Milwaukee-Waukesha, WI area by typical home value, more expensive than about 5% of ZIP codes in the metro.

How much have home values in 53209 changed over the past year?

+3.3% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 53209?

The typical home price is 10.2× the observed annual rent in this ZIP code ($1,386/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 53209?

44,963, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 53209?

Thurston Woods Elementary (0.3 mi), Glen Hills Middle (0.5 mi), Parkway Elementary (1.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 53209?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Milwaukee-Waukesha, WI forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.