Welcome to our 53216 real estate data hub, tailored for investors in Milwaukee, WI. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 53216 in Milwaukee, WI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MILWAUKEE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Milwaukee, WI real estate investing. Uncover the wealth of information available, and position yourself for success in the Milwaukee property market.
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Location Overview
- Zip Code: 53216
- City: Milwaukee
- State: WI
- Metro Area: Milwaukee-Waukesha, WI
- County Name: MILWAUKEE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $144,862
- Average Home Price (Single Family Homes): $145,215
- Average Monthly Rental Price (All Types): $1,004
- Price-to-Rent Ratio: 12
- Zillow Projected % appreciation from 4/2023-4/2024: -1.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,010
- Average 3 Bedroom Section 8 Rental Rates: $1,270
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 11.95
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 9.51
- Number of Units Offered in Section 8 in the County: 9192
- Number of Occupied Units in Section 8 in the County: 8701
- Percentage of Section 8 Units Occupied in the County: 94.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 207.9
- Total % Appreciation since 2000 (Government Data): 95.58
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.01%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.55%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.77%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 75.13%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 229.39%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 80.99%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 167.75%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.02%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 9%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%