Is 53531, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53531 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 53531 has remained a Seller's Market.

Key Takeaway

53531 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53531, WI

How much do homes in 53531, WI cost?

Median Sold Price

$350,000

$215/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$20,000(-5.4%)

Key Takeaway

Homes in 53531 have sold for 5.4% less than they did a month ago.

Summary: The median home sold price in 53531 was $350,000 in March 2024, down 5.4% from last month, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$250K
N/A
3 $350K$348.2K
-0.5%
4 $390K$412.5K
+5.8%
5+ --
N/A

Summary: 53531 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes did not change.

Housing Supply in 53531, WI

How many homes are available in 53531, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1716-5.9%

Summary: The 53531 real estate market had 16 homes for sale in March 2024, a 5.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1110
-9.1%
4 43
-25.0%
5+ 12
+100.0%

Summary: The 53531 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53531, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 53531 in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 53531, 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 24 Days Ago

Newest Listings in 53531, WI

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