Walker’s Point, Milwaukee, WI—53204
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walker’s Point, Milwaukee, WI
As of Oct '25, the median home price in Walker?s Point, Milwaukee, WI is $153,000, with a year-over-year change of 9.7%. This indicates that home prices in Walker?s Point, Milwaukee, WI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $153,000 | 9.7% |
| Single Family | $148,000 | 10.4% |
| Condos | $381,000 | 0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $288,000 | 1.4% |
2 Bed | $131,000 | 10.1% |
3 Bed | $144,000 | 9.1% |
4 Bed | $159,000 | 8.9% |
| 5 Bed | $173,000 | 8.8% |
% of Housing Stock
Rental Trends — Walker’s Point, Milwaukee, WI
As of July '25, Rentcast reports the average rent in Walker?s Point, Milwaukee, WI is $1,230, with a year-over-year rent change of -0.8%. Per bedroom, the median rent as of July '25 in Walker?s Point, Milwaukee, WI is studios: $1,070, 1-bedrooms: $1,210, 2-bedrooms: $1,240, 3-bedrooms: $1,070, 4-bedrooms: $1,780. The most common rental property sizes in Walker?s Point, Milwaukee, WI are 2-bedroom and 3-bedroom, accounting for 35.4% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,230 |
| Studio Rent | $1,290 | $1,070 |
| 1 Bed Rent | $895 | $1,210 |
| 2 Bed Rent | $900 | $1,240 |
| 3 Bed Rent | $1,000 | $1,070 |
| 4 Bed Rent | $1,620 | $1,780 |
% of Rental Stock
Property Listings — Walker’s Point, Milwaukee, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Walker?s Point, Milwaukee, WI is 41. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 65.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $210,000 | 10.0% |
Listing Count | 34 | 31.0% |
| Listings as % of Homes | 0.1% | 31.0% |
Days on Market | 41 | 32.0% |
Demographics — Walker’s Point, Milwaukee, WI
As of the latest ACS Survey released in 2023, Walker?s Point, Milwaukee, WI has a population of 40,000, which has increased by 4.4% over the past 5 years. Walker?s Point, Milwaukee, WI is a popular place for families, as children make up 33.4% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,000 | 4.4% |
% Under 18 | 33.4% | -0.6% |
% Seniors | 8.1% | 26.6% |
% WFH | 7.6% | 347.1% |
% w/ College Degree | 14.6% | 41.7% |
As of the latest ACS Survey released in 2023, Walker?s Point, Milwaukee, WI is a predominantly hispanic area, with 68.4% of the population identifying as hispanic. The hispanic population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Walker?s Point, Milwaukee, WI is white, making up 15.3% of the population. Foreign-born residents account for 27.6% of the population in Walker?s Point, Milwaukee, WI, and this percentage has increased by 10.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 15.3% | -5.6% |
% Black | 11.4% | 5.6% |
% Hispanic | 68.4% | -2.1% |
% Asian | 2.5% | 66.7% |
% Foreign Born | 27.6% | 10.8% |
Mortgage and Risk — Walker’s Point, Milwaukee, WI
According to HUD data as of 2023, there were 177 mortgage originations in Walker?s Point, Milwaukee, WI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Walker?s Point, Milwaukee, WI. Investor activity is low, as 12.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 177 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 12.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Walker’s Point, Milwaukee, WI
As of 2024, the percent of homes in Walker?s Point, Milwaukee, WI under the Section 8 program is 6.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Walker?s Point, Milwaukee, WI, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 818 |
Total Units Section 8 | 681 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$5 | $895 | $890 |
| 2 Bedroom | $160 | $900 | $1,060 |
| 3 Bedroom | $320 | $1,000 | $1,320 |
| 4 Bedroom | -$180 | $1,620 | $1,440 |
Affordability — Walker’s Point, Milwaukee, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $153,000 |
| Median Household Income | $43,600 |