Is 53191, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53191 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 53191 has remained a Seller's Market.

Key Takeaway

53191 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53191, WI

How much do homes in 53191, WI cost?

Median Sold Price

$450,149

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$34,850(-7.2%)

Key Takeaway

Homes in 53191 have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in 53191 was $450,149 in April 2024, down 7.2% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $285K$312.9K
+9.8%
3 $484.4K$480K
-0.9%
4 $551K$563.7K
+2.3%
5+ $619.6K$683.5K
+10.3%

Summary: 53191 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Zip Codes

53125
+19.4%
53147
+14.2%
53115
+0.7%
53184
-3.4%
53191
-7.2%

Housing Supply in 53191, WI

How many homes are available in 53191, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2033+65.0%

Summary: The 53191 real estate market had 33 homes for sale in April 2024, a 65.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 310
+233.3%
3 79
+28.6%
4 710
+42.9%
5+ 23
+50.0%

Summary: The 53191 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 increased by 233.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

5 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 53191, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 53191 in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 53191, 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 6 Days Ago

Newest Listings in 53191, WI

Nearby Markets to 53191, WI