Is 53051, 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, 53051 has remained a Seller's Market.
Key Takeaway
53051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53051, WI
How much do homes in 53051, WI cost?
Median Sold Price
$385,225
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53051 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 53051 was $385,225 in March 2024, up 11.7% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.9K | $120K | +0.9% |
| 2 Bedrooms | $253.2K | $294K | +16.1% |
| 3 Bedrooms | $338.9K | $367K | +8.3% |
| 4 Bedrooms | $471.7K | $524.9K | +11.3% |
| 5+ Bedrooms | $746K | $693.1K | -7.1% |
Summary: 53051 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in 53051, WI
How many homes are available in 53051, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 74 | 99 | +33.8% |
Summary: The 53051 real estate market had 99 homes for sale in March 2024, a 33.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 41 | 52 | +26.8% |
| 4 Bedrooms | 19 | 29 | +52.6% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 53051 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.8%, 4 bedroom homes increased by 52.6%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 30 | +200.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53051, you could pay more than the asking price. 43.3% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 53051 in March 2024, up by 200.0% month-over-month. Of the 30 sold homes, 30% were sold under asking, 27% were sold at asking, and 43% were sold over asking.
Days on Market for 53051, WI
We’re sorry, we don't have information for this market at the moment
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