Is 53575, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53575 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 53575 was a Buyer's Market.

Key Takeaway

53575 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 53575, WI

How much do homes in 53575, WI cost?

Median Sold Price

$450,000

$226/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$100,000(+28.6%)

Key Takeaway

Homes in 53575 have sold for 28.6% more than they did a month ago.

Summary: The median home sold price in 53575 was $450,000 in February 2024, up 28.6% from last month, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $250.4K-
N/A
3 $350K$450K
+28.6%
4 $545K$516.2K
-5.3%
5+ --
N/A

Summary: 53575 housing prices by bedroom type for February 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 increased by 28.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53575
+28.6%
53558
+16.0%
53589
+15.2%
53521
-43.5%

Housing Supply in 53575, WI

How many homes are available in 53575, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5358+9.4%

Summary: The 53575 real estate market had 58 homes for sale in February 2024, a 9.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 2223
+4.5%
4 2328
+21.7%
5+ 56
+20.0%

Summary: The 53575 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53575, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 53575 in February 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 53575, 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 28 Days Ago

Newest Listings in 53575, WI

Nearby Markets to 53575, WI