Is 53538, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53538 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53538 has remained a Seller's Market.

Key Takeaway

53538 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53538, WI

How much do homes in 53538, WI cost?

Median Sold Price

$270,250

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,250(+6.0%)

Key Takeaway

Homes in 53538 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 53538 was $270,250 in March 2024, up 6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$197K
N/A
2 $198K$215K
+8.6%
3 $245K$260K
+6.1%
4 $307K$329.9K
+7.5%
5+ $353.2K$474.9K
+34.4%

Summary: 53538 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 8.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 34.4%.

Median Sold Price Compared To Nearby Zip Codes

53549
+6.6%
53538
+6.0%
53523
+3.0%
53190
-1.0%

Housing Supply in 53538, WI

How many homes are available in 53538, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4959+20.4%

Summary: The 53538 real estate market had 59 homes for sale in March 2024, a 20.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 812
+50.0%
3 2531
+24.0%
4 99
0.0%
5+ 67
+16.7%

Summary: The 53538 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 50%, 3 bedroom homes increased by 24%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53538, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 53538 in March 2024, up by 20.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 33% were sold at asking, and 42% were sold over asking.

Days on Market for 53538, 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 53538, WI

Nearby Markets to 53538, WI