Is 53403, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53403 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53403 has remained a Seller's Market.

Key Takeaway

53403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53403, WI

How much do homes in 53403, WI cost?

Median Sold Price

$183,100

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,396(+4.2%)

Key Takeaway

Homes in 53403 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 53403 was $183,100 in March 2024, up 4.2% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $114.9K$113.5K
-1.2%
2 $165K$170K
+3.0%
3 $177K$189.9K
+7.3%
4 $185K$185K
0.0%
5+ $387.5K$188.4K
-51.4%

Summary: 53403 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 51.4%.

Median Sold Price Compared To Nearby Zip Codes

53404
+6.3%
53406
+6.0%
53403
+4.2%
53405
+4.2%
53140
+3.7%

Housing Supply in 53403, WI

How many homes are available in 53403, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5254+3.8%

Summary: The 53403 real estate market had 54 homes for sale in March 2024, a 3.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1412
-14.3%
3 2825
-10.7%
4 59
+80.0%
5+ 57
+40.0%

Summary: The 53403 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
18180.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53403, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 53403 in March 2024, the same as the previous month. Of the 18 sold homes, 28% were sold under asking, 6% were sold at asking, and 67% were sold over asking.

Days on Market for 53403, 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 18 Days Ago

Newest Listings in 53403, WI

Nearby Markets to 53403, WI