Is 53029, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53029 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53029 has remained a Seller's Market.

Key Takeaway

53029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53029, WI

How much do homes in 53029, WI cost?

Median Sold Price

$538,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$13,000(+2.5%)

Key Takeaway

Homes in 53029 have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in 53029 was $538,000 in March 2024, up 2.5% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $179.5K$196K
+9.2%
2 $510K$334.9K
-34.3%
3 $410K$417.5K
+1.8%
4 $663.5K$625K
-5.8%
5+ $867.5K$867.8K
0.0%

Summary: 53029 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes decreased by 34.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53018
+11.4%
53089
+7.0%
53072
+4.2%
53029
+2.5%

Housing Supply in 53029, WI

How many homes are available in 53029, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4844-8.3%

Summary: The 53029 real estate market had 44 homes for sale in March 2024, a 8.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 41
-75.0%
3 2020
0.0%
4 2019
-5.0%
5+ 44
0.0%

Summary: The 53029 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 75%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53029, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 53029 in March 2024, up by 6.7% month-over-month. Of the 16 sold homes, 13% were sold under asking, 19% were sold at asking, and 69% were sold over asking.

Days on Market for 53029, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in 53029, WI

Nearby Markets to 53029, WI