Is 53177, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53177 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 53177 was a Buyer's Market.

Key Takeaway

53177 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53177, WI

How much do homes in 53177, WI cost?

Median Sold Price

$260,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,500(+2.6%)

Key Takeaway

Homes in 53177 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 53177 was $260,000 in March 2024, up 2.6% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $167.4K$200K
+19.5%
3 $282K$263.5K
-6.6%
4 $369.9K$304.9K
-17.6%
5+ -$395K
N/A

Summary: 53177 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 19.5%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53182
+24.8%
53126
+6.7%
53406
+6.0%
53403
+4.2%
53177
+2.6%

Housing Supply in 53177, WI

How many homes are available in 53177, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1715-11.8%

Summary: The 53177 real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 66
0.0%
3 107
-30.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 53177 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53177, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 53177 in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 53177, 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 53177, WI

Nearby Markets to 53177, WI