Is 53014, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53014 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 53014 was a Seller's Market.

Key Takeaway

53014 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 53014, WI

How much do homes in 53014, WI cost?

Median Sold Price

$264,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,000(+18.4%)

Key Takeaway

Homes in 53014 have sold for 18.4% more than they did a year ago.

Summary: The median home sold price in 53014 was $264,000 in October 2024, up 18.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$175K
N/A
2 $190K$210K
+10.5%
3 $235K$264K
+12.3%
4 $249K$294K
+18.1%
5+ $501.2K$80K
-84.0%

Summary: 53014 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 10.5%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes decreased by 84%.

Median Sold Price Compared To Nearby Zip Codes

54129
+38.8%
53014
+18.4%
53061
+9.2%

Housing Supply in 53014, WI

How many homes are available in 53014, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2830+7.1%

Summary: The 53014 real estate market had 30 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 1413
-7.1%
4 26
+200.0%
5+ 34
+33.3%

Summary: The 53014 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 decreased by 22.2%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53014, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 53014 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for 53014, 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 22 Days Ago

Newest Listings in 53014, WI

Nearby Markets to 53014, WI