Is 53214, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53214 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 53214 has remained a Seller's Market.

Key Takeaway

53214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53214, WI

How much do homes in 53214, WI cost?

Median Sold Price

$220,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$13,500(+6.5%)

Key Takeaway

Homes in 53214 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 53214 was $220,000 in February 2024, up 6.5% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $115K$155K
+34.8%
2 $170K$170K
0.0%
3 $212K$230K
+8.5%
4 $232.5K$240K
+3.2%
5+ $230K$251K
+9.1%

Summary: 53214 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

53226
+14.6%
53219
+11.4%
53213
+7.0%
53214
+6.5%

Housing Supply in 53214, WI

How many homes are available in 53214, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
46460.0%

Summary: The 53214 real estate market had 46 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 2521
-16.0%
4 98
-11.1%
5+ 14
+300.0%

Summary: The 53214 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
15150.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53214, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in 53214 in February 2024, the same as the previous month. Of the 15 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% were sold over asking.

Days on Market for 53214, 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 28 Days Ago

Newest Listings in 53214, WI

Nearby Markets to 53214, WI