Is 53222, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53222 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 53222 has remained a Seller's Market.

Key Takeaway

53222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53222, WI

How much do homes in 53222, WI cost?

Median Sold Price

$235,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,500(+7.6%)

Key Takeaway

Homes in 53222 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 53222 was $235,000 in April 2024, up 7.6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $70K$72.9K
+4.1%
2 $179.1K$165.5K
-7.6%
3 $225K$250K
+11.1%
4 $260.5K$250K
-4.0%
5+ $218K$345K
+58.3%

Summary: 53222 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 58.3%.

Median Sold Price Compared To Nearby Zip Codes

53226
+14.1%
53222
+7.6%
53213
+2.9%
53225
+1.3%
53218
-1.8%

Housing Supply in 53222, WI

How many homes are available in 53222, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7488+18.9%

Summary: The 53222 real estate market had 88 homes for sale in April 2024, a 18.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 02
+100.0%
2 1414
0.0%
3 4759
+25.5%
4 1110
-9.1%
5+ 23
+50.0%

Summary: The 53222 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2437+54.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53222, you could pay more than the asking price. 78.4% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in 53222 in April 2024, up by 54.2% month-over-month. Of the 37 sold homes, 16% were sold under asking, 5% were sold at asking, and 78% were sold over asking.

Days on Market for 53222, 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 Apr 1, 2024

Newest Listings in 53222, WI

Nearby Markets to 53222, WI