Is 53042, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53042 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 53042 was a Neutral Market.

Key Takeaway

53042 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53042, WI

How much do homes in 53042, WI cost?

Median Sold Price

$262,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,500(+14.1%)

Key Takeaway

Homes in 53042 have sold for 14.1% more than they did a year ago.

Summary: The median home sold price in 53042 was $262,500 in April 2024, up 14.1% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $205K$209.4K
+2.2%
3 $222.5K$265K
+19.1%
4 $250K$340K
+36.0%
5+ $330K$250K
-24.2%

Summary: 53042 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 increased by 2.2%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 36%, and 5+ bedroom homes decreased by 24.2%.

Median Sold Price Compared To Nearby Zip Codes

53042
+14.1%
53020
+12.5%
54245
-1.8%

Housing Supply in 53042, WI

How many homes are available in 53042, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1018+80.0%

Summary: The 53042 real estate market had 18 homes for sale in April 2024, a 80.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 28
+300.0%
4 57
+40.0%
5+ 10
-100.0%

Summary: The 53042 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 50%, 3 bedroom homes increased by 300%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased 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 53042, 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 53042 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 53042, 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 9 Days Ago

Newest Listings in 53042, WI

Nearby Markets to 53042, WI