53206 — Milwaukee, WI Home Values
Typical home value $96,874 as of June 2026 · 79th of 79 in Milwaukee-Waukesha, WI
Blue: typical home value (Zillow ZHVI) in ZIP code 53206, June 2021 to June 2026. This page shows observed data only; no forecast.
How 53206 compares in the Milwaukee-Waukesha, WI area
ZIP code 53206 (Milwaukee, WI) has a typical home value of $96,874 as of June 2026, ranking 79th of 79 ZIP codes tracked in the Milwaukee-Waukesha, WI area, more expensive than about 1% of ZIP codes in the metro. Prices here have moved +15.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +61.9%, from $59,838 in June 2021 to $96,874 in June 2026. Against observed rent, the typical home here sells for 7.9× the annual rent ($1,022/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 53206 has a population of 20,219, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.1% Black or African American, 2.8% two or more races, 2.3% White, 1.9% Hispanic or Latino, 1% another race, 0.8% Asian, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Hopkins Lloyd Community School | 1503 W Hopkins St, Milwaukee, WI | 0.3 mi |
| NOVA-Northwest Opportunities Vocational Academy | 2320 W Burleigh St, Milwaukee, WI | 0.4 mi |
| Auer Avenue Elementary | 2319 W Auer Ave, 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 53206?
$96,874 as of June 2026, the latest month Zillow has published observed data for.
Is 53206 an expensive ZIP code in the Milwaukee-Waukesha, WI area?
53206 ranks 79th of 79 ZIP codes in the Milwaukee-Waukesha, WI area by typical home value, more expensive than about 1% of ZIP codes in the metro.
How much have home values in 53206 changed over the past year?
+15.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 53206?
The typical home price is 7.9× the observed annual rent in this ZIP code ($1,022/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 53206?
20,219, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 53206?
Hopkins Lloyd Community School (0.3 mi), NOVA-Northwest Opportunities Vocational Academy (0.4 mi), Auer Avenue 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 53206?
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.