Is 53561, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53561 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 53561 was a Neutral Market.

Key Takeaway

53561 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53561, WI

How much do homes in 53561, WI cost?

Median Sold Price

$429,950

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,950(+7.5%)

Key Takeaway

Homes in 53561 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 53561 was $429,950 in March 2024, up 7.5% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $112.5K$1.2M
+966.7%
2 $260K$272.5K
+4.8%
3 $432.5K$479.5K
+10.9%
4 $557.5K$700K
+25.6%
5+ -$566.9K
N/A

Summary: 53561 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 966.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53913
+26.3%
53555
+18.8%
53561
+7.5%

Housing Supply in 53561, WI

How many homes are available in 53561, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
20200.0%

Summary: The 53561 real estate market had 20 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 02
+100.0%
2 53
-40.0%
3 1010
0.0%
4 34
+33.3%
5+ 21
-50.0%

Summary: The 53561 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 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53561, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 53561 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 53561, 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 53561, WI

Nearby Markets to 53561, WI