Is 53588, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53588 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 53588 has remained a Neutral Market.

Key Takeaway

53588 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 53588, WI

How much do homes in 53588, WI cost?

Median Sold Price

$407,500

$248/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$25,000(-5.8%)

Key Takeaway

Homes in 53588 have sold for 5.8% less than they did a month ago.

Summary: The median home sold price in 53588 was $407,500 in March 2024, down 5.8% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $445K$165K
-62.9%
3 $420K$650K
+54.8%
4 --
N/A
5+ --
N/A

Summary: 53588 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 62.9%, 3 bedroom homes increased by 54.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53556
+84.6%
53588
-5.8%

Housing Supply in 53588, WI

How many homes are available in 53588, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1213+8.3%

Summary: The 53588 real estate market had 13 homes for sale in March 2024, a 8.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 77
0.0%
4 13
+200.0%
5+ 11
0.0%

Summary: The 53588 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 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 53588, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 53588 in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 53588, 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 53588, WI

Nearby Markets to 53588, WI