Is 53221, 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, 53221 has remained a Seller's Market.
Key Takeaway
53221 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53221, WI
How much do homes in 53221, WI cost?
Median Sold Price
$259,966
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53221 have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in 53221 was $259,966 in March 2024, up 13.1% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148.7K | $125K | -16.0% |
| 2 Bedrooms | $180K | $211K | +17.2% |
| 3 Bedrooms | $245K | $260K | +6.1% |
| 4 Bedrooms | $294.9K | $327.5K | +11.1% |
| 5+ Bedrooms | $341.8K | $360K | +5.3% |
Summary: 53221 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in 53221, WI
How many homes are available in 53221, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 76 | 87 | +14.5% |
Summary: The 53221 real estate market had 87 homes for sale in March 2024, a 14.5% 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 | 19 | 22 | +15.8% |
| 3 Bedrooms | 47 | 50 | +6.4% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 53221 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 15.8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 26 | +36.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53221, you could pay more than the asking price. 57.7% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 53221 in March 2024, up by 36.8% month-over-month. Of the 26 sold homes, 31% were sold under asking, 12% were sold at asking, and 58% were sold over asking.
Days on Market for 53221, WI
We’re sorry, we don't have information for this market at the moment
