Is 53216, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 53216 has remained a Seller's Market.
Key Takeaway
53216 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53216, WI
How much do homes in 53216, WI cost?
Median Sold Price
$134,950
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53216 have sold for 9% less than they did a year ago.
Summary: The median home sold price in 53216 was $134,950 in March 2024, down 9% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $46.9K | N/A |
| 2 Bedrooms | $119.7K | $115K | -3.9% |
| 3 Bedrooms | $150K | $142.4K | -5.1% |
| 4 Bedrooms | $169.5K | $174.9K | +3.2% |
| 5+ Bedrooms | $205K | $172.6K | -15.8% |
Summary: 53216 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 3.9%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 15.8%.
Housing Supply in 53216, WI
How many homes are available in 53216, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 | 98 | +25.6% |
Summary: The 53216 real estate market had 98 homes for sale in March 2024, a 25.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 40 | 55 | +37.5% |
| 4 Bedrooms | 19 | 25 | +31.6% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 53216 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 7.7%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53216, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 53216 in March 2024, up by 4.8% month-over-month. Of the 22 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for 53216, WI
We’re sorry, we don't have information for this market at the moment
