53204 — Milwaukee, WI Home Values
Typical home value $167,092 as of June 2026 · 77th of 79 in Milwaukee-Waukesha, WI
Blue: typical home value (Zillow ZHVI) in ZIP code 53204, June 2021 to June 2026. This page shows observed data only; no forecast.
How 53204 compares in the Milwaukee-Waukesha, WI area
ZIP code 53204 (Milwaukee, WI) has a typical home value of $167,092 as of June 2026, ranking 77th of 79 ZIP codes tracked in the Milwaukee-Waukesha, WI area, more expensive than about 4% of ZIP codes in the metro. Prices here have moved +5.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +50.5%, from $111,005 in June 2021 to $167,092 in June 2026. Against observed rent, the typical home here sells for 9.5× the annual rent ($1,458/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 53204 has a population of 40,008, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 69% Hispanic or Latino, 14.7% White, 9.7% Black or African American, 3.3% Asian, 2.7% two or more races, 0.5% American Indian or Alaska Native, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Kagel Elementary | 1210 W Mineral St, Milwaukee, WI | 0.2 mi |
| Bruce Guadalupe | 1028 S 9th St, Milwaukee, WI | 0.3 mi |
| Allen-Field Elementary | 730 W Lapham Blvd, Milwaukee, WI | 0.4 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 53204?
$167,092 as of June 2026, the latest month Zillow has published observed data for.
Is 53204 an expensive ZIP code in the Milwaukee-Waukesha, WI area?
53204 ranks 77th of 79 ZIP codes in the Milwaukee-Waukesha, WI area by typical home value, more expensive than about 4% of ZIP codes in the metro.
How much have home values in 53204 changed over the past year?
+5.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 53204?
The typical home price is 9.5× the observed annual rent in this ZIP code ($1,458/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 53204?
40,008, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 53204?
Kagel Elementary (0.2 mi), Bruce Guadalupe (0.3 mi), Allen-Field Elementary (0.4 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 53204?
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.