Is 53151, 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, 53151 has remained a Seller's Market.
Key Takeaway
53151 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53151, WI
How much do homes in 53151, WI cost?
Median Sold Price
$395,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53151 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 53151 was $395,500 in March 2024, up 6.5% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $162.6K | +30.1% |
| 2 Bedrooms | $260K | $290K | +11.5% |
| 3 Bedrooms | $374.5K | $400K | +6.8% |
| 4 Bedrooms | $449.9K | $450K | 0.0% |
| 5+ Bedrooms | $631.5K | $580.2K | -8.1% |
Summary: 53151 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.1%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 8.1%.
Housing Supply in 53151, WI
How many homes are available in 53151, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 42 | +7.7% |
Summary: The 53151 real estate market had 42 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 53151 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53151, you could pay more than the asking price. 76.9% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 53151 in March 2024, down by 7.1% month-over-month. Of the 13 sold homes, 23% were sold under asking, 0% were sold at asking, and 77% were sold over asking.
Days on Market for 53151, WI
We’re sorry, we don't have information for this market at the moment
