Is 53589, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53589 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 53589 was a Seller's Market.

Key Takeaway

53589 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53589, WI

How much do homes in 53589, WI cost?

Median Sold Price

$394,000

$208/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$17,685(+4.7%)

Key Takeaway

Homes in 53589 have sold for 4.7% more than they did a month ago.

Summary: The median home sold price in 53589 was $394,000 in March 2024, up 4.7% from last month, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $186K-
N/A
3 $376.3K$394K
+4.7%
4 $405.3K-
N/A
5+ $664.5K-
N/A

Summary: 53589 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 did not change, 3 bedroom homes increased by 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53589
+4.7%
53534
-18.7%

Housing Supply in 53589, WI

How many homes are available in 53589, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5055+10.0%

Summary: The 53589 real estate market had 55 homes for sale in March 2024, a 10.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2728
+3.7%
4 1117
+54.5%
5+ 65
-16.7%

Summary: The 53589 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 16.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
153-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53589, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 53589 in March 2024, down by 80.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 53589, 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 18 Days Ago

Newest Listings in 53589, WI

Nearby Markets to 53589, WI