Is 53121, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 53121 has remained a Seller's Market.
Key Takeaway
53121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53121, WI
How much do homes in 53121, WI cost?
Median Sold Price
$365,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53121 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 53121 was $365,000 in March 2024, up 15.9% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.4K | $96K | +32.5% |
| 2 Bedrooms | $235.5K | $260.7K | +10.7% |
| 3 Bedrooms | $321K | $368.9K | +14.9% |
| 4 Bedrooms | $360K | $425K | +18.1% |
| 5+ Bedrooms | $397.4K | $605K | +52.2% |
Summary: 53121 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.5%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 52.2%.
Housing Supply in 53121, WI
How many homes are available in 53121, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 56 | +3.7% |
Summary: The 53121 real estate market had 56 homes for sale in March 2024, a 3.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 53121 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 25%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53121, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 53121 in March 2024, up by 50.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for 53121, WI
How long does it take to sell a home in 53121, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 53121 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 53121; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
