Is 53181, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53181 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 53181 was a Seller's Market.

Key Takeaway

53181 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53181, WI

How much do homes in 53181, WI cost?

Median Sold Price

$355,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,600(+3.4%)

Key Takeaway

Homes in 53181 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 53181 was $355,000 in April 2024, up 3.4% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $195.4K$129.3K
-33.8%
2 $258K$258K
0.0%
3 $314.5K$352.5K
+12.1%
4 $405K$395K
-2.5%
5+ $516.2K$535.9K
+3.8%

Summary: 53181 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

53105
+15.8%
53181
+3.4%
53128
+1.9%
53179
-4.2%

Housing Supply in 53181, WI

How many homes are available in 53181, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3027-10.0%

Summary: The 53181 real estate market had 27 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1611
-31.3%
4 36
+100.0%
5+ 55
0.0%

Summary: The 53181 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
123-75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53181, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 53181 in April 2024, down by 75.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 53181, 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 3 Days Ago

Newest Listings in 53181, WI

Nearby Markets to 53181, WI