Is 53581, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53581 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 53581 was a Seller's Market.

Key Takeaway

53581 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 53581, WI

How much do homes in 53581, WI cost?

Median Sold Price

$215,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$35,000(-14.0%)

Key Takeaway

Homes in 53581 have sold for 14% less than they did a year ago.

Summary: The median home sold price in 53581 was $215,000 in March 2024, down 14% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$101.2K
N/A
2 $250K$215K
-14.0%
3 $247K$191K
-22.7%
4 $295K$227.5K
-22.9%
5+ -$267.5K
N/A

Summary: 53581 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 decreased by 14%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes did not change.

Housing Supply in 53581, WI

How many homes are available in 53581, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2734+25.9%

Summary: The 53581 real estate market had 34 homes for sale in March 2024, a 25.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1113
+18.2%
4 811
+37.5%
5+ 24
+100.0%

Summary: The 53581 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 increased by 18.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53581, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 53581 in March 2024, up by 100.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 53581, 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 53581, WI

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