Is 53206, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53206 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 53206 has remained a Buyer's Market.

Key Takeaway

53206 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53206, WI

How much do homes in 53206, WI cost?

Median Sold Price

$55,000

$39/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in 53206 has remained the same since last year.

Summary: The median home sold price in 53206 was $55,000 in March 2024, the same as last year, and the median price per square foot was $39.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$25K
N/A
2 $101K$36.2K
-64.1%
3 $57.5K$45.7K
-20.4%
4 $55K$68K
+23.6%
5+ $45K$64.5K
+43.3%

Summary: 53206 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 decreased by 64.1%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes increased by 43.3%.

Median Sold Price Compared To Nearby Zip Codes

53206
0.0%
53212
-9.0%
53216
-9.0%
53210
-16.5%

Housing Supply in 53206, WI

How many homes are available in 53206, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6269+11.3%

Summary: The 53206 real estate market had 69 homes for sale in March 2024, a 11.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 2929
0.0%
4 2529
+16.0%
5+ 45
+25.0%

Summary: The 53206 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
137-46.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53206, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 53206 in March 2024, down by 46.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 53206, 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 24 Days Ago

Newest Listings in 53206, WI

Nearby Markets to 53206, WI