Is 53002, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53002 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53002 has remained a Seller's Market.

Key Takeaway

53002 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53002, WI

How much do homes in 53002, WI cost?

Median Sold Price

$500,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$155,000(+44.9%)

Key Takeaway

Homes in 53002 have sold for 44.9% more than they did a year ago.

Summary: The median home sold price in 53002 was $500,000 in October 2024, up 44.9% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $192.5K$205K
+6.5%
3 $370K$429.9K
+16.2%
4 $449.9K$724.9K
+61.1%
5+ $390K$752.5K
+92.9%

Summary: 53002 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 61.1%, and 5+ bedroom homes increased by 92.9%.

Median Sold Price Compared To Nearby Zip Codes

53002
+44.9%
53048
+19.4%
53090
+5.3%
53027
+1.4%

Housing Supply in 53002, WI

How many homes are available in 53002, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The 53002 real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 01
+100.0%
5+ 22
0.0%

Summary: The 53002 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53002, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 53002 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 53002, 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 17 Days Ago

Newest Listings in 53002, WI

Nearby Markets to 53002, WI