How much is a home worth in ZIP code 53172?

The typical home in 53172 is worth $304,653, based on the Zillow Home Value Index.

Are home values rising in 53172?

Home values in 53172 are up 4.6% over the past year, and up 5.5% a year over five years.

What is the typical rent in 53172?

A typical home in 53172 rents for about $1,318 a month, a gross rental yield of 5.2%.

What is the property tax rate in 53172?

The effective property tax rate in 53172 is 1.9% — roughly $5,659 a year on a typical home.

ZIP code 53172 has a population of 20,442 and a median household income of $73,427.

HousingHandbookReference data

…

U.S. ZIP Code · WI53172

Milwaukee County · Milwaukee-Waukesha, WI

Typical home value

$304,653^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.6%
5-year / yr: +5.5%
10-year / yr: +6.6%

Relative price

vs U.S.: +7.2%
vs metro: -25.9%
vs state: ≈ state median

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 53172 is worth $304,653 — 25.9% below the Milwaukee-Waukesha, WI median. Over the past year, values have risen 4.6%. Homes here rent for a typical $1,318 a month — a 5.2% gross rental yield. The effective property tax rate is 1.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,318^[2]
Gross yield: 5.2%^[2]
Cap rate: 3.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.9%^[3]
Typical annual tax: $5,659^[3]

#Climate risk

FEMA National Risk Index ratings for Milwaukee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very Low
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Low
Winter weather: Very High

#Who lives here

Population: 20,442^[3]
Median household income: $73,427^[3]

#Migration

Household moves in and out of Milwaukee County over a year, from IRS tax-return data.

Net migration: -1,911^[5]
Moved in: 18,351
Moved out: 20,262

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 1
High: 1

South Milwaukee High
High · Grades 9–12 · South Milwaukee School District
979 students
South Milwaukee Middle
Middle · Grades 6–8 · South Milwaukee School District
605 students
Rawson Elementary
Elementary · Grades PK–5 · South Milwaukee School District
379 students
Blakewood Elementary
Elementary · Grades PK–5 · South Milwaukee School District
326 students
Lakeview Elementary
Elementary · Grades PK–5 · South Milwaukee School District
284 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.2%

Net yield (after ~40% expenses)3.1%

Annual rent$15,814

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,540

Loan principal$243,722

Down payment$60,931

Total interest paid$310,855

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.72

Monthly cost to own$2,267

Monthly rent$1,318

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 28th percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 84th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 53172?: The typical home in 53172 is worth $304,653, based on the Zillow Home Value Index.
Are home values rising in 53172?: Home values in 53172 are up 4.6% over the past year, and up 5.5% a year over five years.
What is the typical rent in 53172?: A typical home in 53172 rents for about $1,318 a month, a gross rental yield of 5.2%.
What is the property tax rate in 53172?: The effective property tax rate in 53172 is 1.9% — roughly $5,659 a year on a typical home.
Who lives in 53172?: ZIP code 53172 has a population of 20,442 and a median household income of $73,427.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

53220 vs 53172 →
Greenfield, WI
Typical home
$300,215
Gross yield
5.1%
53207 vs 53172 →
Milwaukee, WI
Typical home
$311,329
Gross yield
6.1%
53007
Butler, WI
Typical home
$296,480
Gross yield
—
53227
West Allis, WI
Typical home
$294,202
Gross yield
4.9%
53221
Milwaukee, WI
Typical home
$293,673
Gross yield
5.9%
53235
St. Francis, WI
Typical home
$287,617
Gross yield
7.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 53172 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WI53172

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