Is 53132, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53132 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53132 has remained a Seller's Market.

Key Takeaway

53132 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53132, WI

How much do homes in 53132, WI cost?

Median Sold Price

$380,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,000(+5.8%)

Key Takeaway

Homes in 53132 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 53132 was $380,000 in March 2024, up 5.8% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $132.5K$160K
+20.8%
2 $229.5K$255.9K
+11.5%
3 $365K$385K
+5.5%
4 $487.5K$546.5K
+12.1%
5+ $678.5K$700K
+3.2%

Summary: 53132 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

53221
+13.1%
53129
+6.9%
53154
+6.0%
53132
+5.8%
53130
+1.5%

Housing Supply in 53132, WI

How many homes are available in 53132, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7493+25.7%

Summary: The 53132 real estate market had 93 homes for sale in March 2024, a 25.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 1417
+21.4%
3 3042
+40.0%
4 2528
+12.0%
5+ 46
+50.0%

Summary: The 53132 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21210.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53132, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 53132 in March 2024, the same as the previous month. Of the 21 sold homes, 33% were sold under asking, 5% were sold at asking, and 62% were sold over asking.

Days on Market for 53132, 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 15 Days Ago

Newest Listings in 53132, WI

Nearby Markets to 53132, WI