Is 53404, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53404 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53404 has remained a Seller's Market.

Key Takeaway

53404 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53404, WI

How much do homes in 53404, WI cost?

Median Sold Price

$170,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,000(+6.3%)

Key Takeaway

Homes in 53404 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 53404 was $170,000 in March 2024, up 6.3% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $52K$76K
+46.2%
2 $133.5K$140K
+4.9%
3 $175K$176.5K
+0.9%
4 $165K$182K
+10.3%
5+ $75K$167.5K
+123.3%

Summary: 53404 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 123.3%.

Median Sold Price Compared To Nearby Zip Codes

53402
+8.3%
53404
+6.3%
53405
+4.2%
53403
+4.2%

Housing Supply in 53404, WI

How many homes are available in 53404, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2520-20.0%

Summary: The 53404 real estate market had 20 homes for sale in March 2024, a 20.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 85
-37.5%
3 1213
+8.3%
4 31
-66.7%
5+ 11
0.0%

Summary: The 53404 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 decreased by 37.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53404, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 53404 in March 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for 53404, 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 27 Days Ago

Newest Listings in 53404, WI

Nearby Markets to 53404, WI