City in Milwaukee County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $278,519 |
|---|---|
| 1-year change | +3.9% |
| 5-year change | +38.5% |
| Typical rent | $1,439 per month |
| Gross rent yield | +6.2% |
The typical home in West Allis, Wisconsin is worth about $278,519 as of 2026-07-03, up 3.9% over the past year and up 38.5% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
In West Allis, rents are climbing faster than prices. Typical rent rose 6.7% over the past year to $1,439 per month, while the typical home value rose 3.9% to $278,519. When rent growth outruns price growth, the rental math improves each year — the current gross rent yield stands at 6.2%.
On price alone, West Allis is one of Milwaukee County's lower-cost cities: 17th of 19 municipalities by typical value, about $115,700 below the county median of $394,258. The five-year appreciation record, though, is anything but sluggish — values are up 38.5% since 2021.
The two tracked ZIP codes tell different stories. 53227 carries the higher typical value ($294,202) but the lower typical rent ($1,199). 53214 is the reverse: a $259,740 typical value with $1,510 typical rent. The cheaper ZIP produces $311 more per month in typical rent.
Start with position: $278,519 typical value, roughly 29% under the county median and 39% under the seven-county region median of $455,834. The nearest peers by price are West Milwaukee ($264,693) below and St. Francis ($292,464), Cudahy ($292,625), and Brown Deer ($295,131) above — West Allis undercuts that St. Francis-to-Brown Deer cluster by $14,000 to $16,600.
Growth has two speeds here. The five-year run of 38.5% ranks among the stronger records in its peer group, while the one-year pace of 3.9% is more moderate. Neither figure predicts the next twelve months.
The ZIP-level inversion is the detail investors tend to circle. In 53214, typical rent of $1,510 against a $259,740 typical value implies a gross yield near 7% — well above the 53227 combination of $1,199 rent on a $294,202 value. Citywide, the blended gross yield is 6.2%, before taxes, insurance, vacancy, and maintenance.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53227 | $294,202 | +4.6% | $1,199/mo |
| 53214 | $259,740 | +3.2% | $1,510/mo |
| Homes sold (arms-length, single-family) | 811 |
|---|---|
| Median sale price | $269,900 |
| Middle 50% of sales | $220,000 to $313,900 |
| Government-backed financing (FHA/VA/USDA) | 3.1% |
| Seller-financed | 0.1% |
Over the 12 months ending June 2026, 811 single-family homes sold in West Allis, Wisconsin in arms-length transactions, at a median price of $269,900. Half of those sales fell between $220,000 and $313,900. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.
Zillow’s typical-home-value estimate for West Allis is $278,519, while homes that actually changed hands had a median price of $269,900 — a difference of -3.1%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.
Buyers can use the ZIP spread to fit a budget: 53214's typical value of $259,740 is about $34,500 under 53227's $294,202, and both sit below the citywide peer cluster around $292,000-$295,000 (St. Francis, Cudahy, Brown Deer). A buyer priced out of those markets saves roughly $14,000-$16,600 by shifting to West Allis at the citywide typical value. The 3.9% one-year appreciation suggests moderate, not frantic, price pressure — but past movement is not a promise of future conditions.
Sellers benefit from two data points. First, the 38.5% five-year gain means owners who bought in 2021 or earlier are likely sitting on substantial equity, which affects net-proceeds planning more than list price. Second, the 6.7% rent growth strengthens the case to investor buyers, especially for 53214 properties where typical rent ($1,510) is high relative to typical value ($259,740). Pricing should still be built from current comparable sales; strong trend data does not guarantee any specific sale price.
West Allis is home to Wisconsin State Fair Park, which keeps the city busy year-round with expos, races at the Milwaukee Mile, and the summer's biggest draw — the State Fair itself. A revitalized downtown along Greenfield Avenue and one of the area's larger farmers markets round out the picture.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value is $278,519 as of April 30, 2026. By ZIP: $294,202 in 53227 and $259,740 in 53214.
53214, at a typical value of $259,740 versus $294,202 in 53227. Rents run the opposite direction: $1,510 typical in 53214 versus $1,199 in 53227.
Yes — typical rent rose 6.7% over the past year to $1,439 per month, outpacing the 3.9% growth in home values over the same period.
Yes. At $278,519, the typical West Allis home is about $115,700 below the county median of $394,258, ranking 17th of 19 municipalities by typical value.
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Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.
How to choose a real estate agent in West Allis and Milwaukee — a five-question checklist
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Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.