Is 53716, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53716 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 53716 was a Buyer's Market.

Key Takeaway

53716 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53716, WI

How much do homes in 53716, WI cost?

Median Sold Price

$421,000

$255/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$50,900(+13.8%)

Key Takeaway

Homes in 53716 have sold for 13.8% more than they did a month ago.

Summary: The median home sold price in 53716 was $421,000 in March 2024, up 13.8% from last month, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $304K$439K
+44.4%
3 $460K$385K
-16.3%
4 -$847.5K
N/A
5+ -$565K
N/A

Summary: 53716 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 increased by 44.4%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53716
+13.8%
53714
+9.5%

Housing Supply in 53716, WI

How many homes are available in 53716, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4249+16.7%

Summary: The 53716 real estate market had 49 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 108
-20.0%
3 2128
+33.3%
4 911
+22.2%
5+ 11
0.0%

Summary: The 53716 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 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
516+220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53716, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 53716 in March 2024, up by 220.0% month-over-month. Of the 16 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.

Days on Market for 53716, 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 53716, WI

Nearby Markets to 53716, WI