Home appreciation in Milwaukee, WI

Over the five years ending 2025, home prices in Milwaukee, WI grew an average of 9.4% a year.

Price growth at a glance

1-year

+6.3%

2025 over 2024. Wisconsin: +6.2%.

5-year, per year

+9.4%

Average annual growth, 2020 to 2025. Wisconsin: +9.9%.

10-year, per year

+6.9%

+95.3% in total since 2015. Wisconsin: +7.3%.

How does your home compare?

Milwaukee, WI home prices rose 95.3% over the ten years to 2025, while its ZIP codes ranged from +67.4% to +168.5%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Milwaukee, WI compares with Wisconsin

Wisconsin averaged +9.9% a year, putting Milwaukee, WI behind the state overall. For five-year price growth, Milwaukee, WI ranks 170th out of 409 metros nationwide and 10th out of 13 in Wisconsin.

Index, 2005 = 100

Milwaukee-Waukesha, WI and Wisconsin, quarterly house price index rebased to 100 in 2005.
YearMilwaukee-Waukesha, WIWisconsin
2005 Q1100100
2005 Q2102102
2005 Q3105104
2005 Q4106105
2006 Q1107106
2006 Q2107105
2006 Q3107106
2006 Q4109107
2007 Q1109108
2007 Q2109108
2007 Q3108107
2007 Q4108107
2008 Q1108108
2008 Q2106106
2008 Q3104104
2008 Q4104104
2009 Q1105105
2009 Q2102103
2009 Q3100101
2009 Q4100101
2010 Q19899
2010 Q29899
2010 Q398100
2010 Q49799
2011 Q19597
2011 Q29495
2011 Q39496
2011 Q49497
2012 Q19396
2012 Q29295
2012 Q39396
2012 Q49396
2013 Q19296
2013 Q29395
2013 Q39396
2013 Q49295
2014 Q19395
2014 Q29496
2014 Q39597
2014 Q49698
2015 Q19699
2015 Q297100
2015 Q398100
2015 Q499101
2016 Q199102
2016 Q2101103
2016 Q3102105
2016 Q4102105
2017 Q1103106
2017 Q2106109
2017 Q3107110
2017 Q4107110
2018 Q1108112
2018 Q2111115
2018 Q3112116
2018 Q4113117
2019 Q1114118
2019 Q2116120
2019 Q3117122
2019 Q4118122
2020 Q1119123
2020 Q2120124
2020 Q3122127
2020 Q4124129
2021 Q1126131
2021 Q2133138
2021 Q3139145
2021 Q4141148
2022 Q1145152
2022 Q2156163
2022 Q3158167
2022 Q4156166
2023 Q1159167
2023 Q2167176
2023 Q3172181
2023 Q4170181
2024 Q1173184
2024 Q2179190
2024 Q3182192
2024 Q4182193
2025 Q1186197
2025 Q2190201
2025 Q3192204
2025 Q4193204
2026 Q1196206
2026 Q2202213

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +6.9% a year over ten years, +95.3% in total.

Over this history, home prices peaked in 2007, fell 14.6% to its 2012 low, and regained the 2007 level in 2018.

The strongest year was 2022 at +14.1%, and the weakest was 2011 at -4.1%.

In 2025 alone the index moved +6.3%, against +6.2% for the state.

ZIP codes in Milwaukee, WI

Over the ten years to 2025, the 71 ZIP codes FHFA measures in this metro ranged from +67.4% in 53007 to +168.5% in 53204, while the metro as a whole rose 95.3%.

Fastest-rising ZIP codes

10-year change

  1. 53204+168.5%
  2. 53218+165.8%
  3. 53216+133.1%
  4. 53212+120.1%
  5. 53215+116.0%

Slowest-rising ZIP codes

10-year change

  1. 53007+67.4%
  2. 53092+69.8%
  3. 53076+70.0%
  4. 53022+73.4%
  5. 53045+74.7%
ZIP codes in Milwaukee-Waukesha, WI ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
53204-19.0%+10.1%+10.4%+168.5%
53218+7.1%+12.2%+10.3%+165.8%
53216+4.7%+11.1%+8.8%+133.1%
53212+17.2%+10.1%+8.2%+120.1%
53215+7.9%+9.7%+8.0%+116.0%
53225+13.0%+10.4%+8.0%+116.0%
53219+4.6%+9.9%+8.0%+115.2%
53223+7.1%+9.9%+7.9%+114.3%
53110+9.5%+10.2%+7.8%+111.9%
53207+5.7%+9.7%+7.7%+109.9%
53214+6.2%+10.1%+7.6%+109.0%
53235+4.0%+10.6%+7.6%+107.7%
53220+8.5%+9.7%+7.5%+106.6%
53221+7.2%+9.5%+7.5%+106.5%
53227+5.1%+9.7%+7.4%+103.3%
53224+3.8%+10.0%+7.3%+103.1%
53172+6.6%+9.8%+7.3%+103.0%
53222+5.2%+9.4%+7.3%+102.1%
53208+7.9%+9.9%+7.2%+101.2%
53210+7.3%+9.0%+7.2%+99.9%
53209+7.9%+9.6%+7.1%+98.2%
53090+8.7%+9.7%+7.0%+96.4%
53119+3.7%+9.4%+6.9%+95.5%
53118+12.5%+9.9%+6.9%+95.3%
53027+6.0%+9.6%+6.9%+95.2%
53066+5.3%+9.6%+6.9%+94.9%
53149+6.1%+9.3%+6.8%+93.7%
53154+6.0%+8.8%+6.8%+93.0%
53129+7.7%+8.4%+6.7%+91.6%
53186+5.2%+8.8%+6.7%+91.5%
53153+2.2%+9.6%+6.7%+91.1%
53018+3.6%+10.0%+6.7%+90.6%
53021+8.6%+10.0%+6.6%+90.4%
53132+4.1%+8.9%+6.6%+90.4%
53188+6.8%+9.0%+6.6%+89.8%
53213+4.8%+8.8%+6.6%+89.5%
53080+7.0%+8.1%+6.6%+89.0%
53095+2.8%+9.0%+6.6%+88.9%
53122+3.9%+9.0%+6.6%+88.7%
53103+10.3%+9.2%+6.5%+88.3%
53146+5.0%+8.6%+6.5%+87.7%
53226+3.8%+8.4%+6.5%+87.1%
53074+3.8%+8.0%+6.4%+86.6%
53130+6.4%+8.7%+6.4%+86.6%
53228+4.9%+8.8%+6.4%+86.6%
53037+8.3%+8.9%+6.4%+85.6%
53086+6.5%+8.7%+6.4%+85.4%
53017+8.3%+8.8%+6.3%+85.0%
53033+5.5%+8.8%+6.3%+84.9%
53151+7.2%+8.5%+6.3%+84.8%
53024+5.3%+8.6%+6.3%+84.3%
53072+5.1%+8.8%+6.3%+84.2%
53150+6.3%+8.6%+6.3%+83.9%
53058+5.1%+8.7%+6.3%+83.8%
53012+3.3%+8.5%+6.2%+82.7%
53040+5.3%+8.4%+6.2%+82.5%
53004+12.6%+9.0%+6.1%+81.4%
53183+11.9%+7.8%+6.1%+81.4%
53029+5.9%+8.6%+6.1%+80.8%
53005+5.3%+8.4%+6.1%+80.7%
53051+6.2%+8.4%+6.1%+80.4%
53189+3.0%+8.2%+6.0%+79.2%
53097+6.4%+8.2%+6.0%+79.0%
53089+4.5%+8.5%+5.9%+78.1%
53217+5.0%+8.5%+5.9%+76.8%
53211+5.1%+8.0%+5.8%+76.1%
53045+1.3%+8.3%+5.7%+74.7%
53022+6.2%+7.9%+5.7%+73.4%
53076-3.8%+7.5%+5.4%+70.0%
53092+5.6%+7.5%+5.4%+69.8%
53007+0.1%+7.5%+5.3%+67.4%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Milwaukee-Waukesha, WI and Wisconsin, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006104.1+4.1%103.4
2007104.9+0.8%104.7
2008102.4-2.4%103.0
200998.5-3.8%100.0
201095.0-3.6%96.9
201191.1-4.1%94.0
201289.6-1.6%93.3
201389.7+0.1%93.0
201491.4+1.9%94.3
201594.4+3.3%97.4
201697.9+3.7%101.3
2017102.5+4.7%106.3
2018107.7+5.1%112.1
2019112.5+4.4%117.4
2020117.6+4.5%122.7
2021130.5+11.0%137.1
2022149.0+14.1%157.9
2023161.9+8.7%172.0
2024173.5+7.2%185.0
2025184.4+6.3%196.5

The 13 measured metros in Wisconsin

Measured metros in Wisconsin ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Green Bay, WI+6.6%+11.1%+7.9%
2Sheboygan, WI+7.3%+10.9%+8.0%
3Fond du Lac, WI+7.1%+10.8%+7.3%
4Oshkosh-Neenah, WI+6.8%+10.7%+7.7%
5Appleton, WI+5.6%+10.4%+7.6%
6Janesville-Beloit, WI+6.1%+10.4%+8.3%
7Racine-Mount Pleasant, WI+8.1%+9.8%+7.6%
8Wausau, WI+8.3%+9.8%+7.0%
9Eau Claire, WI+5.3%+9.6%+7.6%
10Milwaukee-Waukesha, WI+6.3%+9.4%+6.9%
11Madison, WI+5.0%+9.3%+7.0%
12Kenosha, WI+6.9%+9.2%+7.6%
13La Crosse-Onalaska, WI-MN+5.4%+9.0%+6.8%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Wisconsin row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

Share

Measured FHFA data · chart through 2026 Q2