Is 53217, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53217 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53217 has remained a Seller's Market.

Key Takeaway

53217 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53217, WI

How much do homes in 53217, WI cost?

Median Sold Price

$517,300

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$37,300(+7.8%)

Key Takeaway

Homes in 53217 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 53217 was $517,300 in March 2024, up 7.8% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $105K$139.9K
+33.2%
2 $274K$262.5K
-4.2%
3 $425K$447.5K
+5.3%
4 $625K$675K
+8.0%
5+ $905K$1.0M
+10.6%

Summary: 53217 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.2%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Zip Codes

53092
+11.1%
53217
+7.8%
53209
+1.8%
53211
+1.6%
53212
-9.0%

Housing Supply in 53217, WI

How many homes are available in 53217, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9097+7.8%

Summary: The 53217 real estate market had 97 homes for sale in March 2024, a 7.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 77
0.0%
3 3234
+6.3%
4 3438
+11.8%
5+ 1718
+5.9%

Summary: The 53217 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 6.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2326+13.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53217, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 53217 in March 2024, up by 13.0% month-over-month. Of the 26 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% were sold over asking.

Days on Market for 53217, 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 15 Days Ago

Newest Listings in 53217, WI

Nearby Markets to 53217, WI