Is 53590, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53590 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 53590 has remained a Seller's Market.

Key Takeaway

53590 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53590, WI

How much do homes in 53590, WI cost?

Median Sold Price

$412,595

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$134,595(+48.4%)

Key Takeaway

Homes in 53590 have sold for 48.4% more than they did a year ago.

Summary: The median home sold price in 53590 was $412,595 in March 2024, up 48.4% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $191K$175K
-8.4%
2 $244.5K$306.5K
+25.4%
3 $301.8K$387.7K
+28.5%
4 $530.3K$491.2K
-7.4%
5+ $707.5K$570K
-19.4%

Summary: 53590 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 28.5%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 19.4%.

Median Sold Price Compared To Nearby Zip Codes

53718
+50.0%
53590
+48.4%
53532
+35.2%
53527
+29.7%

Housing Supply in 53590, WI

How many homes are available in 53590, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
146151+3.4%

Summary: The 53590 real estate market had 151 homes for sale in March 2024, a 3.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 02
+100.0%
2 2221
-4.5%
3 7376
+4.1%
4 3234
+6.3%
5+ 1918
-5.3%

Summary: The 53590 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 4.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2443+79.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53590, you could pay more than the asking price. 60.5% of homes here sold above asking price last month.

Summary: A total of 43 homes were sold or pending in 53590 in March 2024, up by 79.2% month-over-month. Of the 43 sold homes, 19% were sold under asking, 21% were sold at asking, and 60% were sold over asking.

Days on Market for 53590, 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 29 Days Ago

Newest Listings in 53590, WI

Nearby Markets to 53590, WI