Is 53105, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53105 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53105 has remained a Seller's Market.

Key Takeaway

53105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53105, WI

How much do homes in 53105, WI cost?

Median Sold Price

$358,266

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$43,193(+13.7%)

Key Takeaway

Homes in 53105 have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in 53105 was $358,266 in March 2024, up 13.7% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $201.4K$245K
+21.6%
2 $200K$235K
+17.5%
3 $305K$350K
+14.8%
4 $395K$405K
+2.5%
5+ $539.9K$600K
+11.1%

Summary: 53105 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

53105
+13.7%
53147
+9.2%
53128
-1.7%

Housing Supply in 53105, WI

How many homes are available in 53105, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6980+15.9%

Summary: The 53105 real estate market had 80 homes for sale in March 2024, a 15.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 3032
+6.7%
4 2528
+12.0%
5+ 69
+50.0%

Summary: The 53105 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 37.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53105, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 53105 in March 2024, up by 13.3% month-over-month. Of the 17 sold homes, 47% were sold under asking, 12% were sold at asking, and 41% were sold over asking.

Days on Market for 53105, WI

How long does it take to sell a home in 53105, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 53105 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 17 homes were sold in 53105; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

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 53105, WI

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