Is 53150, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53150 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 53150 has remained a Seller's Market.

Key Takeaway

53150 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53150, WI

How much do homes in 53150, WI cost?

Median Sold Price

$460,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$32,500(+7.6%)

Key Takeaway

Homes in 53150 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 53150 was $460,000 in February 2024, up 7.6% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $173.4K-
N/A
2 $237.7K$310K
+30.4%
3 $390.5K$417.9K
+7.0%
4 $535K$530K
-0.9%
5+ $643.5K$727.5K
+13.1%

Summary: 53150 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 13.1%.

Median Sold Price Compared To Nearby Zip Codes

53146
+12.0%
53150
+7.6%
53151
+6.1%
53103
+4.9%
53130
-1.9%

Housing Supply in 53150, WI

How many homes are available in 53150, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4039-2.5%

Summary: The 53150 real estate market had 39 homes for sale in February 2024, a 2.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1717
0.0%
3 1615
-6.3%
4 76
-14.3%
5+ 01
+100.0%

Summary: The 53150 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53150, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 53150 in February 2024, down by 23.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for 53150, 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 27 Days Ago

Newest Listings in 53150, WI

Nearby Markets to 53150, WI