Is 53018, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53018 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53018 has remained a Seller's Market.

Key Takeaway

53018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53018, WI

How much do homes in 53018, WI cost?

Median Sold Price

$637,600

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,600(+5.4%)

Key Takeaway

Homes in 53018 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 53018 was $637,600 in October 2024, up 5.4% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $325K-
N/A
2 $347.5K$320K
-7.9%
3 $505K$569.9K
+12.9%
4 $697.5K$717.5K
+2.9%
5+ $680K$1.1M
+65.4%

Summary: 53018 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 decreased by 7.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 65.4%.

Median Sold Price Compared To Nearby Zip Codes

53183
+11.1%
53066
+10.5%
53018
+5.4%
53188
+2.5%

Housing Supply in 53018, WI

How many homes are available in 53018, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2826-7.1%

Summary: The 53018 real estate market had 26 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1212
0.0%
4 99
0.0%
5+ 33
0.0%

Summary: The 53018 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53018, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 53018 in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.

Days on Market for 53018, 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 4 Days Ago

Newest Listings in 53018, WI

Nearby Markets to 53018, WI