Is 53189, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53189 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53189 has remained a Seller's Market.

Key Takeaway

53189 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53189, WI

How much do homes in 53189, WI cost?

Median Sold Price

$429,900

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,900(+2.4%)

Key Takeaway

Homes in 53189 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 53189 was $429,900 in March 2024, up 2.4% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $265K$295K
+11.3%
3 $398K$410K
+3.0%
4 $478K$500K
+4.6%
5+ $618K$611K
-1.1%

Summary: 53189 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 11.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

53188
+4.8%
53189
+2.4%

Housing Supply in 53189, WI

How many homes are available in 53189, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5052+4.0%

Summary: The 53189 real estate market had 52 homes for sale in March 2024, a 4.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2125
+19.0%
4 2118
-14.3%
5+ 12
+100.0%

Summary: The 53189 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 increased by 19%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53189, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 53189 in March 2024, down by 21.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.

Days on Market for 53189, 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 23 Days Ago

Newest Listings in 53189, WI

Nearby Markets to 53189, WI