Is 53110, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 53110 has remained a Seller's Market.
Key Takeaway
53110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53110, WI
How much do homes in 53110, WI cost?
Median Sold Price
$245,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 53110 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 53110 was $245,000 in April 2024, up 4.3% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $161.5K | +70.0% |
| 2 Bedrooms | $195K | $225K | +15.4% |
| 3 Bedrooms | $242.5K | $255K | +5.2% |
| 4 Bedrooms | $253.5K | $266.5K | +5.1% |
| 5+ Bedrooms | $267.4K | $262.5K | -1.9% |
Summary: 53110 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in 53110, WI
How many homes are available in 53110, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 38 | +65.2% |
Summary: The 53110 real estate market had 38 homes for sale in April 2024, a 65.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 11 | 22 | +100.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 53110 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53110, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 53110 in April 2024, up by 37.5% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for 53110, WI
We’re sorry, we don't have information for this market at the moment
