Is 53223, 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, 53223 has remained a Seller's Market.
Key Takeaway
53223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53223, WI
How much do homes in 53223, WI cost?
Median Sold Price
$201,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53223 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 53223 was $201,000 in March 2024, up 3.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52K | $59K | +13.5% |
| 2 Bedrooms | $72K | $88K | +22.2% |
| 3 Bedrooms | $215K | $230K | +7.0% |
| 4 Bedrooms | $247.4K | $250K | +1.0% |
| 5+ Bedrooms | $266K | $278K | +4.5% |
Summary: 53223 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in 53223, WI
How many homes are available in 53223, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 81 | 84 | +3.7% |
Summary: The 53223 real estate market had 84 homes for sale in March 2024, a 3.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 23 | 31 | +34.8% |
| 3 Bedrooms | 45 | 41 | -8.9% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 53223 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 34.8%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53223, you could pay more than the asking price. 52% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 53223 in March 2024, up by 4.2% month-over-month. Of the 25 sold homes, 20% were sold under asking, 28% were sold at asking, and 52% were sold over asking.
Days on Market for 53223, WI
We’re sorry, we don't have information for this market at the moment
