Jackson Park, Milwaukee, WI—53219
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jackson Park, Milwaukee, WI
As of Oct '25, the median home price in Jackson Park, Milwaukee, WI is $260,000, with a year-over-year change of 3.4%. This indicates that home prices in Jackson Park, Milwaukee, WI are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $260,000 | 3.4% |
| Single Family | $261,000 | 3.2% |
| Condos | $153,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $228,000 | 4.1% |
3 Bed | $265,000 | 2.7% |
4 Bed | $279,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jackson Park, Milwaukee, WI
As of July '25, Rentcast reports the average rent in Jackson Park, Milwaukee, WI is $1,140, with a year-over-year rent change of 8.6%. Per bedroom, the median rent as of July '25 in Jackson Park, Milwaukee, WI is studios: $832, 1-bedrooms: $922, 2-bedrooms: $1,220, 3-bedrooms: $1,900, 4-bedrooms: $2,500. The most common rental property sizes in Jackson Park, Milwaukee, WI are 2-bedroom and 1-bedroom, accounting for 46.4% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,140 |
| Studio Rent | $820 | $832 |
| 1 Bed Rent | $925 | $922 |
| 2 Bed Rent | $1,150 | $1,220 |
| 3 Bed Rent | $1,800 | $1,900 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Jackson Park, Milwaukee, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Jackson Park, Milwaukee, WI is 22. This is a increase of 10.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | 5.0% |
Listing Count | 84 | 24.0% |
| Listings as % of Homes | 0.2% | 24.0% |
Days on Market | 22 | 10.0% |
Demographics — Jackson Park, Milwaukee, WI
As of the latest ACS Survey released in 2023, Jackson Park, Milwaukee, WI has a population of 34,900, which has increased by 1.3% over the past 5 years. Jackson Park, Milwaukee, WI is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 25.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,900 | 1.3% |
% Under 18 | 22.1% | 3.3% |
% Seniors | 16.6% | 12.9% |
% WFH | 9.6% | 231.0% |
% w/ College Degree | 25.8% | 34.4% |
As of the latest ACS Survey released in 2023, Jackson Park, Milwaukee, WI is a predominantly white area, with 58.9% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Jackson Park, Milwaukee, WI is hispanic, making up 30.6% of the population. Foreign-born residents account for 9.5% of the population in Jackson Park, Milwaukee, WI, and this percentage has increased by 35.7% 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 | 58.9% | -15.4% |
% Black | 5.4% | -1.8% |
% Hispanic | 30.6% | 60.2% |
% Asian | 2.8% | 16.7% |
% Foreign Born | 9.5% | 35.7% |
Mortgage and Risk — Jackson Park, Milwaukee, WI
According to HUD data as of 2023, there were 789 mortgage originations in Jackson Park, Milwaukee, WI, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Jackson Park, Milwaukee, WI. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 789 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Jackson Park, Milwaukee, WI
As of 2024, the percent of homes in Jackson Park, Milwaukee, WI under the Section 8 program is 11.9%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Jackson Park, Milwaukee, WI, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 711 |
Total Units Section 8 | 651 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 87.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $55 | $925 | $980 |
| 2 Bedroom | $20 | $1,150 | $1,170 |
| 3 Bedroom | -$350 | $1,800 | $1,450 |
| 4 Bedroom | -$920 | $2,500 | $1,580 |
Affordability — Jackson Park, Milwaukee, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $260,000 |
| Median Household Income | $71,000 |