Is 53143, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53143 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 53143 has remained a Seller's Market.

Key Takeaway

53143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53143, WI

How much do homes in 53143, WI cost?

Median Sold Price

$229,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$21,500(+10.3%)

Key Takeaway

Homes in 53143 have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in 53143 was $229,500 in February 2024, up 10.3% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $158.4K$152.5K
-3.8%
2 $179.9K$205K
+13.9%
3 $210K$233K
+11.0%
4 $236K$264.4K
+12.0%
5+ $189K$338K
+78.8%

Summary: 53143 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 78.8%.

Median Sold Price Compared To Nearby Zip Codes

53143
+10.3%
53142
+5.3%
53140
+2.5%
53158
+2.3%

Housing Supply in 53143, WI

How many homes are available in 53143, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
47470.0%

Summary: The 53143 real estate market had 47 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 2324
+4.3%
4 1214
+16.7%
5+ 11
0.0%

Summary: The 53143 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1911-42.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53143, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 53143 in February 2024, down by 42.1% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.

Days on Market for 53143, WI

How long does it take to sell a home in 53143, WI?

Average Sale Time

Feb 2023Feb 2024CHANGE
13 Days22 Days+69.2%

Summary: Homes in 53143 had an average of 22 days on market in Feb 2024, up by 69.2% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 53143 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 11 homes were sold in 53143; 9% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in 53143, WI

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