Is 53005, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 53005 has remained a Seller's Market.
Key Takeaway
53005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53005, WI
How much do homes in 53005, WI cost?
Median Sold Price
$452,500
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53005 have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in 53005 was $452,500 in March 2024, up 10.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $356K | $361K | +1.4% |
| 3 Bedrooms | $370K | $402.4K | +8.8% |
| 4 Bedrooms | $502.1K | $536.5K | +6.9% |
| 5+ Bedrooms | $665K | $810K | +21.8% |
Summary: 53005 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 21.8%.
Housing Supply in 53005, WI
How many homes are available in 53005, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 45 | +15.4% |
Summary: The 53005 real estate market had 45 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 18 | 22 | +22.2% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 53005 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53005, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 53005 in March 2024, up by 88.9% month-over-month. Of the 17 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 53005, WI
We’re sorry, we don't have information for this market at the moment
