Is 53050, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53050 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 53050 has remained a Buyer's Market.

Key Takeaway

53050 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53050, WI

How much do homes in 53050, WI cost?

Median Sold Price

$275,000

$126/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$145,000(+111.5%)

Key Takeaway

Homes in 53050 have sold for 111.5% more than they did a month ago.

Summary: The median home sold price in 53050 was $275,000 in March 2024, up 111.5% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $130K-
N/A
4 -$275K
N/A
5+ -$600K
N/A

Summary: 53050 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 53050, WI

How many homes are available in 53050, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1526+73.3%

Summary: The 53050 real estate market had 26 homes for sale in March 2024, a 73.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 812
+50.0%
4 58
+60.0%
5+ 12
+100.0%

Summary: The 53050 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 increased by 300%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53050, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 53050 in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 53050, 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 25 Days Ago

Newest Listings in 53050, WI

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