Is 53168, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53168 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 53168 has remained a Seller's Market.

Key Takeaway

53168 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53168, WI

How much do homes in 53168, WI cost?

Median Sold Price

$314,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$13,500(-4.1%)

Key Takeaway

Homes in 53168 have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in 53168 was $314,000 in May 2024, down 4.1% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$159K
N/A
2 $180K$180K
0.0%
3 $297.5K$310K
+4.2%
4 $474.5K$409.9K
-13.6%
5+ $496.9K$539.9K
+8.7%

Summary: 53168 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Zip Codes

53170
+14.9%
53168
-4.1%
53179
-7.7%
53104
-14.3%
53139
-18.6%

Housing Supply in 53168, WI

How many homes are available in 53168, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3944+12.8%

Summary: The 53168 real estate market had 44 homes for sale in May 2024, a 12.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2125
+19.0%
4 1011
+10.0%
5+ 34
+33.3%

Summary: The 53168 housing inventory by bedroom type for May 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 19%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53168, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 53168 in May 2024, down by 18.2% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.

Days on Market for 53168, WI

How long does it take to sell a home in 53168, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 53168 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 9 homes were sold in 53168; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 53168, WI

Nearby Markets to 53168, WI