Is 53950, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53950 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 53950 was a Seller's Market.

Key Takeaway

53950 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53950, WI

How much do homes in 53950, WI cost?

Median Sold Price

$299,750

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$135,250(-31.1%)

Key Takeaway

Homes in 53950 have sold for 31.1% less than they did a year ago.

Summary: The median home sold price in 53950 was $299,750 in March 2024, down 31.1% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$125K
N/A
2 $169.4K$166K
-2.0%
3 $301.3K$218K
-27.6%
4 $456.2K$485K
+6.3%
5+ $619.5K$650K
+4.9%

Summary: 53950 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 4.9%.

Housing Supply in 53950, WI

How many homes are available in 53950, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3236+12.5%

Summary: The 53950 real estate market had 36 homes for sale in March 2024, a 12.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 53
-40.0%
3 1114
+27.3%
4 57
+40.0%
5+ 1010
0.0%

Summary: The 53950 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 40%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53950, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 53950 in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 53950, 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 53950, WI

Nearby Markets to 53950, WI