MILWAUKEE — Property assessment notices are arriving in mailboxes across Milwaukee this week, and for the fifth year in a row, residential property values are on the rise.
According to the City of Milwaukee Assessor’s Office, citywide property values increased by 15.4% from 2024 to 2025. That follows a 17.4% jump from 2023 to 2024. The average Milwaukee home — including condos — is now valued at more than $210,000.
Nicole Larsen, commissioner of assessments for the City of Milwaukee, said she wants everyone to know that a higher assessment doesn’t automatically mean you’ll pay higher property taxes.
“What you want to do is compare the percentage increase over last year to the citywide increase of 15.4%,” she said. “If your increase is below the 15.4%, when tax bills are issued in December, you may actually see a decrease in your property taxes.”
Annual assessments help determine the fair market value of each property and how much property tax a property owner is expected to pay.
Larsen said that annual reassessments are essential to staying in step with the current real estate market.
“We want to make sure our records are accurate, so people are paying their fair share of taxes,” she said. “We don’t want people paying too much or too little; we just want everyone to have a fair and accurate assessment.”
If you have questions about your assessment or believe it may be inaccurate, Larsen encouraged residents to reach out to the assessor’s office as soon as possible.
“Talk with us so we can walk through the process with you,” Larsen said. “And if you do wish to object, be sure to file your objection well before the deadline.”
The deadline to file an appeal is Monday, May 19 at 4:45 p.m.
You can contact the City of Milwaukee Assessor’s Office by sending an email to assessor@milwaukee.gov; or visiting the office, at City Hall Room 507 200 E. Wells Street, between 8 a.m. and 4:45 p.m. Monday through Friday.
If you want to speak to an appraiser about your property and value, you can call 414-286-6565; if you want to talk to someone about general property information, call 414-286-3651.
