Is 53562, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53562 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 53562 was a Buyer's Market.

Key Takeaway

53562 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53562, WI

How much do homes in 53562, WI cost?

Median Sold Price

$505,000

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$240,000(+90.6%)

Key Takeaway

Homes in 53562 have sold for 90.6% more than they did a year ago.

Summary: The median home sold price in 53562 was $505,000 in March 2024, up 90.6% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $200K$273.2K
+36.6%
2 $215.5K$280K
+29.9%
3 $510K$491.5K
-3.6%
4 $688.6K$654.8K
-4.9%
5+ $785K$900K
+14.6%

Summary: 53562 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.6%, 2 bedroom homes increased by 29.9%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Zip Codes

53562
+90.6%
53597
+63.4%
53705
+63.1%
53717
+33.7%

Housing Supply in 53562, WI

How many homes are available in 53562, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6562-4.6%

Summary: The 53562 real estate market had 62 homes for sale in March 2024, a 4.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 1613
-18.8%
3 2626
0.0%
4 1918
-5.3%
5+ 33
0.0%

Summary: The 53562 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 18.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2015-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53562, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in 53562 in March 2024, down by 25.0% month-over-month. Of the 15 sold homes, 27% were sold under asking, 13% were sold at asking, and 60% were sold over asking.

Days on Market for 53562, 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 15 Days Ago

Newest Listings in 53562, WI

Nearby Markets to 53562, WI