Is 53074, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53074 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53074 has remained a Seller's Market.

Key Takeaway

53074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53074, WI

How much do homes in 53074, WI cost?

Median Sold Price

$317,250

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,250(+1.4%)

Key Takeaway

Homes in 53074 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 53074 was $317,250 in March 2024, up 1.4% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $144.9K-
N/A
2 $270K$265K
-1.9%
3 $292.5K$315.5K
+7.9%
4 $431.7K$384K
-11.1%
5+ $675K$416.5K
-38.3%

Summary: 53074 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 38.3%.

Median Sold Price Compared To Nearby Zip Codes

53024
+4.6%
53080
+2.3%
53074
+1.4%

Housing Supply in 53074, WI

How many homes are available in 53074, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2426+8.3%

Summary: The 53074 real estate market had 26 homes for sale in March 2024, a 8.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 911
+22.2%
4 99
0.0%
5+ 02
+100.0%

Summary: The 53074 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 33.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53074, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 53074 in March 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for 53074, 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 53074, WI

Nearby Markets to 53074, WI