Is 53916, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53916 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 53916 has remained a Seller's Market.

Key Takeaway

53916 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53916, WI

How much do homes in 53916, WI cost?

Median Sold Price

$255,700

$166/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$26,450(+11.5%)

Key Takeaway

Homes in 53916 have sold for 11.5% more than they did a month ago.

Summary: The median home sold price in 53916 was $255,700 in March 2024, up 11.5% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $139K-
N/A
2 $194.6K-
N/A
3 $215K$213K
-0.9%
4 $525K$319.6K
-39.1%
5+ $226.2K-
N/A

Summary: 53916 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 decreased by 0.9%, 4 bedroom homes decreased by 39.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53933
+18.3%
53916
+11.5%
53956
-34.5%

Housing Supply in 53916, WI

How many homes are available in 53916, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3943+10.3%

Summary: The 53916 real estate market had 43 homes for sale in March 2024, a 10.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 2021
+5.0%
4 1218
+50.0%
5+ 20
-100.0%

Summary: The 53916 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53916, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 53916 in March 2024, down by 15.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.

Days on Market for 53916, 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 25 Days Ago

Newest Listings in 53916, WI

Nearby Markets to 53916, WI