Is Oak Creek, WI 53154 a buyer’s or seller’s market?

The Oak Creek housing market right now

In the three months ending August 31, 2026, 68% of homes in Oak Creek, WI 53154 sold above their list price, the typical home went under contract in 38 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 120 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 55%, homes sold faster (40 days then) and the median sale price rose 8% to $414,821. Overall, Oak Creek is more competitive than a year ago, so tougher for buyers.

Within Milwaukee County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Oak Creek ranks #16 of 319 WI ZIP codes with enough sales (score 88 out of 100).

Nearby, buyers who want less competition could look at Milwaukee 53205 (0% sold over asking) or Milwaukee 53203 (0% sold over asking), while Milwaukee 53233 (100% sold over asking) and Milwaukee 53214 (71% sold over asking) are even more competitive.