Is 53083, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53083 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53083 has remained a Seller's Market.

Key Takeaway

53083 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53083, WI

How much do homes in 53083, WI cost?

Median Sold Price

$265,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,100(+7.8%)

Key Takeaway

Homes in 53083 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 53083 was $265,000 in March 2024, up 7.8% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $88.1K-
N/A
2 $155K$185K
+19.4%
3 $250K$260K
+4.0%
4 $372.4K$375K
+0.7%
5+ $440K$330K
-25.0%

Summary: 53083 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 increased by 19.4%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 25%.

Median Sold Price Compared To Nearby Zip Codes

53081
+18.5%
53083
+7.8%
53044
+2.6%
53085
+1.2%

Housing Supply in 53083, WI

How many homes are available in 53083, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3744+18.9%

Summary: The 53083 real estate market had 44 homes for sale in March 2024, a 18.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2125
+19.0%
4 712
+71.4%
5+ 32
-33.3%

Summary: The 53083 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 16.7%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
917+88.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53083, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 53083 in March 2024, up by 88.9% month-over-month. Of the 17 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.

Days on Market for 53083, 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 24 Days Ago

Newest Listings in 53083, WI

Nearby Markets to 53083, WI