53218 — Milwaukee, WI Home Values
Typical home value $172,804 as of June 2026 · 74th of 79 in Milwaukee-Waukesha, WI
Blue: typical home value (Zillow ZHVI) in ZIP code 53218, June 2021 to June 2026. This page shows observed data only; no forecast.
How 53218 compares in the Milwaukee-Waukesha, WI area
ZIP code 53218 (Milwaukee, WI) has a typical home value of $172,804 as of June 2026, ranking 74th of 79 ZIP codes tracked in the Milwaukee-Waukesha, WI area, more expensive than about 8% of ZIP codes in the metro. Prices here have moved +2.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +31.7%, from $131,201 in June 2021 to $172,804 in June 2026. Against observed rent, the typical home here sells for 10.3× the annual rent ($1,399/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 53218 has a population of 40,581, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 71% Black or African American, 9.7% White, 8.7% Asian, 7% Hispanic or Latino, 3% two or more races, 0.4% American Indian or Alaska Native, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Kilbourn Elementary | 5354 N 68th St, Milwaukee, WI | 0.2 mi |
| Browning Elementary | 5440 N 64th St, Milwaukee, WI | 0.3 mi |
| Rocketship Transformation Prep | 5501 N 68th St N, Milwaukee, WI | 0.3 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 53218?
$172,804 as of June 2026, the latest month Zillow has published observed data for.
Is 53218 an expensive ZIP code in the Milwaukee-Waukesha, WI area?
53218 ranks 74th of 79 ZIP codes in the Milwaukee-Waukesha, WI area by typical home value, more expensive than about 8% of ZIP codes in the metro.
How much have home values in 53218 changed over the past year?
+2.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 53218?
The typical home price is 10.3× the observed annual rent in this ZIP code ($1,399/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 53218?
40,581, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 53218?
Kilbourn Elementary (0.2 mi), Browning Elementary (0.3 mi), Rocketship Transformation Prep (0.3 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 53218?
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.