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Advertise here →South Milwaukee, WI · Market Data
South Milwaukee, Wisconsin real estate market data.
Real estate market data for South Milwaukee, WI (Milwaukee County) — Census median home value $216,400, county listing prices up about 4.8% over the past year.
South Milwaukee, WI is in Milwaukee County, Wisconsin — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 20,547, with a median household income of $70,146. Census data puts South Milwaukee's median home value at $216,400 (all owner-occupied homes); Milwaukee County's current median listing price runs $296,450, up about 4.8% over the past year.
At a glance
South Milwaukee market snapshot
Population
20,547
Median Household Income
$70,146
Median Home Value (city)
$216,400
Median Listing Price (Milwaukee County)
$296,450
Median Gross Rent
$1,014/mo
Price Trend (YoY)
+4.8%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes South Milwaukee different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts South Milwaukee's median home value — across all owner-occupied homes, not just recent sales — at $216,400. Separately, Milwaukee County's current median listing price (via Realtor.com data, 2026-06-01) runs $296,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Milwaukee County's FHFA house price index shows a 5.8% annual change in 2025.
Population & Income
South Milwaukee has an estimated population of 20,547 and a median household income of $70,146, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
South Milwaukee's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
South Milwaukee FAQ
What are home values like in South Milwaukee, WI?
The Census Bureau's American Community Survey puts South Milwaukee's median home value at $216,400. Milwaukee County's current median listing price runs $296,450, up about 4.8% over the past year.
What is the population of South Milwaukee, WI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts South Milwaukee's population at approximately 20,547.
What's the median rent in South Milwaukee, WI?
The Census ACS estimates median gross rent in South Milwaukee at approximately $1,014 per month.
What is the median household income in South Milwaukee, WI?
Census ACS data puts the median household income in South Milwaukee at approximately $70,146.
Is the South Milwaukee housing market growing?
Milwaukee County's FHFA house price index shows a 5.8% annual change in 2025.
Is South Milwaukee, WI affordable relative to income?
Census ACS data puts South Milwaukee's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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