Is 53098, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53098 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53098 has remained a Seller's Market.

Key Takeaway

53098 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53098, WI

How much do homes in 53098, WI cost?

Median Sold Price

$280,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$28,500(+11.3%)

Key Takeaway

Homes in 53098 have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in 53098 was $280,000 in March 2024, up 11.3% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $170K$126K
-25.9%
2 $160K$244.5K
+52.8%
3 $245K$280K
+14.3%
4 $326K$290K
-11.0%
5+ $324.1K$369K
+13.8%

Summary: 53098 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.9%, 2 bedroom homes increased by 52.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 13.8%.

Housing Supply in 53098, WI

How many homes are available in 53098, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2219-13.6%

Summary: The 53098 real estate market had 19 homes for sale in March 2024, a 13.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 84
-50.0%
4 710
+42.9%
5+ 00
0.0%

Summary: The 53098 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 decreased by 50%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
114-63.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53098, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 53098 in March 2024, down by 63.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for 53098, 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 19 Days Ago

Newest Listings in 53098, WI

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