Is 53188, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 53188 has remained a Seller's Market.
Key Takeaway
53188 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53188, WI
How much do homes in 53188, WI cost?
Median Sold Price
$368,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 53188 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 53188 was $368,000 in April 2024, up 6.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165.2K | $175K | +5.9% |
| 2 Bedrooms | $278.9K | $260K | -6.8% |
| 3 Bedrooms | $336K | $355K | +5.6% |
| 4 Bedrooms | $390K | $429.9K | +10.2% |
| 5+ Bedrooms | $538K | $571.4K | +6.2% |
Summary: 53188 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in 53188, WI
How many homes are available in 53188, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 90 | +18.4% |
Summary: The 53188 real estate market had 90 homes for sale in April 2024, a 18.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 30 | 33 | +10.0% |
| 4 Bedrooms | 21 | 29 | +38.1% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 53188 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 38.1%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53188, you could pay more than the asking price. 76.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 53188 in April 2024, up by 11.1% month-over-month. Of the 30 sold homes, 20% were sold under asking, 3% were sold at asking, and 77% were sold over asking.
Days on Market for 53188, WI
We’re sorry, we don't have information for this market at the moment
