Is 53168, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53168 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53168 has remained a Seller's Market.

Key Takeaway

53168 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53168, WI

How much do homes in 53168, WI cost?

Median Sold Price

$318,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$17,000(-5.1%)

Key Takeaway

Homes in 53168 have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in 53168 was $318,000 in March 2024, down 5.1% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$159K
N/A
2 $174.9K$185K
+5.8%
3 $305K$302.5K
-0.8%
4 $485K$409.9K
-15.5%
5+ $495.9K$539.9K
+8.9%

Summary: 53168 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Zip Codes

53179
+3.3%
53168
-5.1%
53104
-10.6%
53139
-22.4%

Housing Supply in 53168, WI

How many homes are available in 53168, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2534+36.0%

Summary: The 53168 real estate market had 34 homes for sale in March 2024, a 36.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1117
+54.5%
4 58
+60.0%
5+ 32
-33.3%

Summary: The 53168 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53168, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 53168 in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 53168, 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 53168, WI

Nearby Markets to 53168, WI