Is 53225, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53225 is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, 53225 has remained a Seller's Market.

Key Takeaway

53225 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53225, WI

How much do homes in 53225, WI cost?

Median Sold Price

$235,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$44,000(+23.0%)

Key Takeaway

Homes in 53225 have sold for 23% more than they did a year ago.

Summary: The median home sold price in 53225 was $235,000 in September 2024, up 23% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $78K$84.9K
+8.9%
3 $197K$235K
+19.3%
4 $196K$309K
+57.7%
5+ $288K$294.9K
+2.4%

Summary: 53225 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 57.7%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

53225
+23.0%
53222
+8.9%
53224
+8.3%
53218
0.1%

Housing Supply in 53225, WI

How many homes are available in 53225, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4555+22.2%

Summary: The 53225 real estate market had 55 homes for sale in September 2024, a 22.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2937
+27.6%
4 911
+22.2%
5+ 11
0.0%

Summary: The 53225 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 remained the same, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53225, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 53225 in September 2024, up by 16.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.

Days on Market for 53225, 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 Sep 1, 2024

Newest Listings in 53225, WI

Nearby Markets to 53225, WI