Is 53185, 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, 53185 has remained a Seller's Market.
Key Takeaway
53185 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53185, WI
How much do homes in 53185, WI cost?
Median Sold Price
$407,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53185 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 53185 was $407,000 in March 2024, up 2.4% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $338K | +14.6% |
| 3 Bedrooms | $385K | $403.5K | +4.8% |
| 4 Bedrooms | $465K | $541.9K | +16.5% |
| 5+ Bedrooms | $700K | $682.4K | -2.5% |
Summary: 53185 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 14.6%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Zip Codes
| 53150 | $425K | $462.5K | +8.8% |
| 53185 | $397.5K | $407K | +2.4% |
| 53139 | $412.5K | $320K | -22.4% |
Housing Supply in 53185, WI
How many homes are available in 53185, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The 53185 real estate market had 51 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 53185 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 decreased by 5.9%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53185, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 53185 in March 2024, up by 16.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for 53185, WI
We’re sorry, we don't have information for this market at the moment
