Is 53212, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53212 is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 53212 was a Neutral Market.

Key Takeaway

53212 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53212, WI

How much do homes in 53212, WI cost?

Median Sold Price

$231,125

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$31,125(+15.6%)

Key Takeaway

Homes in 53212 have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in 53212 was $231,125 in September 2024, up 15.6% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $177K$235K
+32.8%
2 $275K$252.5K
-8.2%
3 $197.2K$223.5K
+13.3%
4 $165K$153.7K
-6.9%
5+ $109.5K$179.9K
+64.3%

Summary: 53212 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.8%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 64.3%.

Median Sold Price Compared To Nearby Zip Codes

53206
+28.7%
53211
+16.0%
53212
+15.6%
53202
+7.9%

Housing Supply in 53212, WI

How many homes are available in 53212, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6066+10.0%

Summary: The 53212 real estate market had 66 homes for sale in September 2024, a 10.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 66
0.0%
2 2118
-14.3%
3 1823
+27.8%
4 1214
+16.7%
5+ 35
+66.7%

Summary: The 53212 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1618+12.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53212, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 53212 in September 2024, up by 12.5% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.

Days on Market for 53212, 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 30 Days Ago

Newest Listings in 53212, WI

Nearby Markets to 53212, WI