South Milwaukee, WI housing market
The typical South Milwaukee home is worth about $307,000, up 3.7% in a year, 10% below the Wisconsin typical home. Homes typically sell in 40 days, a little above asking.
Home values, sales, trends and how South Milwaukee compares with the towns next door — updated as new data is published.
South Milwaukee at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | South Milwaukee | Wisconsin |
|---|---|---|
| 2017 | $169,000 | $180,000 |
| 2018 | $178,000 | $190,000 |
| 2019 | $192,000 | $202,000 |
| 2020 | $205,000 | $215,000 |
| 2021 | $227,000 | $238,000 |
| 2022 | $247,000 | $263,000 |
| 2023 | $265,000 | $282,000 |
| 2024 | $287,000 | $299,000 |
| 2025 | $296,000 | $317,000 |
| 2026 | $304,000 | $333,000 |
| August 2026 | $307,000 | $340,000 |
South Milwaukee and its neighbors
4.2 years of income
The typical South Milwaukee home costs about 4.2 years of the town's median household income, about the same as across Wisconsin (4.4).
How South Milwaukee ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.