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Area data

Milwaukee, WI — ZIP 53203

Population: 2,357 (Census ACS)

The median home value in ZIP 53203 (Milwaukee, WI) is $385,903 — down 4.4% over the past year. Homes sell for a median $250,000 after a median 44 days on market. Typical rent runs $1,529/month. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with coldwave, tornado, winterweather the top-rated hazards. Cost of living is 7.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$385,903

Median home value

-4.4%

1-year change

44

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$385,903
1-year appreciation
-4.4%
3-year appreciation
+3.7%
5-year appreciation
+14.9%
10-year appreciation
+44.3%
All-time peak (2025-04)
$404,843
House Price Index (state)
459.9 (+5.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$250,000
Median list price
$232,400
Median price per sqft
$239
1-year sale-price change
+8.7%
Median days on market
44 days
Homes sold (recent period)
9
For-sale inventory
8
Sale-to-list ratio
97.1%
Active listings
6
1-year forecast
+1.7%

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,529/mo
1-year rent change
+1.4%
Studio fair-market rent
$783/mo
1BR fair-market rent
$978/mo
2BR fair-market rent
$1,230/mo
3BR fair-market rent
$1,599/mo
4BR fair-market rent
$1,845/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
93.0 (100 = US avg)
Electricity rate (state-level)
18.2¢/kWh
Natural gas rate (state-level)
$10.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
1
Charter schools
1
Schools include
Tenor High

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
coldWave, tornado, winterWeather, heatWave, inlandFlooding
Notable hazard ratings (county)
coldWave: Very High · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively High · iceStorm: Relatively Moderate · inlandFlooding: Relatively High
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
4.6%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Moss-American Co., Inc. (Kerr-McGee Oil Co.) (11.5 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
56.0°F
Average low
44.0°F
Annual precipitation
41.4 in
Annual snowfall
37.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
166
Days with Moderate air quality
180
Days with Unhealthy air quality
2
Highest AQI recorded (year)
250

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
20.0 / 20
Transit service frequency
87
Jobs reachable by car (30 min)
151,158
Jobs reachable by transit (45 min)
123,344

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
25
Nearest airport
General Mitchell International Airport (MKE) (6 mi)
Nearest major airport
General Mitchell International Airport (MKE) (6 mi)
Hospitals nearby (~15 mi)
11
Hospitals include
ASCENSION ST FRANCIS HOSPITAL, AURORA ST LUKES MEDICAL CENTER, ASCENSION SE WISCONSIN HOSPITAL
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-4,168 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,943
Housing built before 1970
59.0%
Housing built 2000 or later
32.1%
Median annual property tax
$7,725
Households with broadband internet
84.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
415,844
Average weekly wage
$1,276
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
187

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 53203State medianUS median
Median home value$385,903$316,891$289,727
Median sale price$250,000$322,500$325,000
Median days on market44 days49 days51 days
Typical rent$1,529/mo$1,408/mo$1,808/mo
Median annual property tax$7,725$2,994$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 53203?
$385,903.
What is the median sale price in ZIP 53203?
$250,000.
How long do homes take to sell in ZIP 53203?
Median days on market: 44 days.
What is typical rent in ZIP 53203?
Typical rent: $1,529/month.
What is the natural-hazard risk in ZIP 53203?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coldWave, tornado, winterWeather, heatWave, inlandFlooding.
What is the wildfire risk in ZIP 53203?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 53203?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 53203?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 53203?
1 schools (1 high) (NCES, 2022-23).
Is ZIP 53203 walkable?
Walkability index: 20.0/20 (EPA Smart Location Database).
What is the air quality in ZIP 53203?
Moderate. Median AQI: 52. (EPA AQI).
What is the cost of living in ZIP 53203?
Regional Price Parity: 93.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents