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 November 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

$620,000

$231/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 53018 has remained the same since last year.

Summary: The median home sold price in 53018 was $620,000 in November 2024, the same as last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $325K-
N/A
2 $382.5K$307.5K
-19.6%
3 $566K$545K
-3.7%
4 $700K$720K
+2.9%
5+ $705K$1.1M
+59.6%

Summary: 53018 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.6%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 59.6%.

Median Sold Price Compared To Nearby Zip Codes

53058
+99.0%
53066
+8.5%
53183
+5.3%
53188
+3.3%
53018
0.0%

Housing Supply in 53018, WI

How many homes are available in 53018, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2822-21.4%

Summary: The 53018 real estate market had 22 homes for sale in November 2024, a 21.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 128
-33.3%
4 1110
-9.1%
5+ 33
0.0%

Summary: The 53018 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 53018 in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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 21 Days Ago

Newest Listings in 53018, WI

Nearby Markets to 53018, WI