Is 53140, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53140 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53140 has remained a Seller's Market.

Key Takeaway

53140 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53140, WI

How much do homes in 53140, WI cost?

Median Sold Price

$217,750

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,750(+3.7%)

Key Takeaway

Homes in 53140 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 53140 was $217,750 in March 2024, up 3.7% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $139.9K$127K
-9.2%
2 $191K$205K
+7.3%
3 $224K$230K
+2.7%
4 $227K$249.7K
+10.0%
5+ $310K$195K
-37.1%

Summary: 53140 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 37.1%.

Median Sold Price Compared To Nearby Zip Codes

53143
+10.3%
53144
+8.1%
53403
+4.2%
53140
+3.7%

Housing Supply in 53140, WI

How many homes are available in 53140, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4349+14.0%

Summary: The 53140 real estate market had 49 homes for sale in March 2024, a 14.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 1415
+7.1%
3 2227
+22.7%
4 54
-20.0%
5+ 11
0.0%

Summary: The 53140 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1220+66.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53140, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 53140 in March 2024, up by 66.7% month-over-month. Of the 20 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% were sold over asking.

Days on Market for 53140, 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 23 Days Ago

Newest Listings in 53140, WI

Nearby Markets to 53140, WI