Is 53214, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 53214 has remained a Seller's Market.
Key Takeaway
53214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53214, WI
How much do homes in 53214, WI cost?
Median Sold Price
$225,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 53214 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 53214 was $225,000 in May 2024, up 7.1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | $153K | +30.8% |
| 2 Bedrooms | $170K | $185K | +8.8% |
| 3 Bedrooms | $216K | $235K | +8.8% |
| 4 Bedrooms | $240K | $245K | +2.1% |
| 5+ Bedrooms | $260K | $255.5K | -1.7% |
Summary: 53214 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 53214, WI
How many homes are available in 53214, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 70 | 66 | -5.7% |
Summary: The 53214 real estate market had 66 homes for sale in May 2024, a 5.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 24 | 22 | -8.3% |
| 3 Bedrooms | 32 | 32 | 0.0% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 53214 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53214, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 53214 in May 2024, up by 10.0% month-over-month. Of the 33 sold homes, 15% were sold under asking, 12% were sold at asking, and 73% were sold over asking.
Days on Market for 53214, WI
We’re sorry, we don't have information for this market at the moment
