Is 53227, 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, 53227 has remained a Seller's Market.
Key Takeaway
53227 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53227, WI
How much do homes in 53227, WI cost?
Median Sold Price
$255,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 53227 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 53227 was $255,000 in March 2024, up 6.3% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $119.7K | N/A |
| 2 Bedrooms | $180.9K | $201.5K | +11.4% |
| 3 Bedrooms | $245K | $268K | +9.4% |
| 4 Bedrooms | $263K | $280K | +6.5% |
| 5+ Bedrooms | $299.9K | $385K | +28.4% |
Summary: 53227 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 increased by 11.4%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 28.4%.
Housing Supply in 53227, WI
How many homes are available in 53227, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 32 | +14.3% |
Summary: The 53227 real estate market had 32 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 53227 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53227, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 53227 in March 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for 53227, WI
We’re sorry, we don't have information for this market at the moment
