Is 53038, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53038 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 53038 was a Seller's Market.

Key Takeaway

53038 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53038, WI

How much do homes in 53038, WI cost?

Median Sold Price

$385,440

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,440(+4.2%)

Key Takeaway

Homes in 53038 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 53038 was $385,440 in April 2024, up 4.2% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $300K$274.9K
-8.3%
3 $370K$385.2K
+4.1%
4 $404.9K$407.5K
+0.6%
5+ $325K$505K
+55.4%

Summary: 53038 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 55.4%.

Median Sold Price Compared To Nearby Zip Codes

53551
+15.3%
53549
+6.9%
53038
+4.2%
53094
0.5%

Housing Supply in 53038, WI

How many homes are available in 53038, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1214+16.7%

Summary: The 53038 real estate market had 14 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 88
0.0%
4 44
0.0%
5+ 01
+100.0%

Summary: The 53038 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53038, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 53038 in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 53038, 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 11 Days Ago

Newest Listings in 53038, WI

Nearby Markets to 53038, WI