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Foreclosure Homes in South Milwaukee, WI

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South Milwaukee, WI Foreclosures

Current Market Conditions in in South Milwaukee, WI As of April 2026?
In the past month, the South Milwaukee real estate market has shown signs of slight appreciation, with home prices increasing by approximately 2% due to ongoing interest from buyers. Inventory levels are still low, which has kept competition high for any new listings. This trend indicates a steady demand, suggesting that the market will remain favorable for sellers in the near term.
How much do homes sell for in South Milwaukee, WI?
The average home price is currently $304,833.
In South Milwaukee, WI, how many homes are available?
There are currently 32 active home listings available in South Milwaukee.
What’s the average rental cost in South Milwaukee, WI?
The average rental price in South Milwaukee is $1,803.
What is the most expensive home in South Milwaukee?
The most expensive home sold in South Milwaukee had a price of $18,388,092.
What is currently the cheapest priced home in South Milwaukee, WI?
The cheapest home for sale in South Milwaukee is priced at $10,214.

Living in South Milwaukee, WI

South Milwaukee, WI is a vibrant suburb of Milwaukee known for its community spirit and accessibility. With a selection of parks, schools, and local businesses, it provides a family-friendly atmosphere perfect for those looking to settle down near the city’s amenities. Outdoor activities and community events are plentiful, making it a great place to call home.

Buyer vs Seller Market in South Milwaukee, WI

The South Milwaukee real estate market is currently experiencing a steady demand for housing, with homes selling quickly due to its appealing community and proximity to Milwaukee. Prices have increased slightly over the past year, reflecting the area's desirability among home buyers. Houses in the region are averaging a competitive price point, which continues to attract new residents looking for both affordability and quality of life.

Investor interest is notable in South Milwaukee, as the suburb offers promising rental opportunities for those looking to capitalize on the growing demand for housing in the area. The market shows signs of healthy appreciation, particularly in neighborhoods closer to the lake or with recent renovations.

Home Value Estimator For South Milwaukee, WI

There are currently 6,726 real estate properties in South Milwaukee, WI, with a median automated valuation model (AVM) price of $271,521.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in South Milwaukee, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in South Milwaukee, WI, is $304,833.00, with the most expensive house in South Milwaukee, WI, topping out at $18,388,092.00 and the cheapest home in South Milwaukee, WI, clocking in at $10,214.00. In other words, there’s something for every potential homebuyer or savvy investor in South Milwaukee, WI!

Rent Prices In South Milwaukee, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South Milwaukee, WI, is on a rollercoaster ride. The average rent price in South Milwaukee, WI, is $1,803.00. Indeed, when looking to rent in South Milwaukee, WI, you can expect to pay as little as $1,010.00 or as much as $2,440.00, with the average rent median estimated to be $1,800.00. The good news is that finding an affordable and desirable property to rent in South Milwaukee, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

South Milwaukee, WI Foreclosures


Market Trend for South Milwaukee, WI

Total Listings Available: 32

Market Values:

Home Prices from $10,214 to $18,388,092

Average Sales Price: $304,833

Rental Values:

Rental from $1,010 to $2,440

Average Rent Value: $1,803 / month

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