Is 53020, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53020 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 53020 was a Neutral Market.

Key Takeaway

53020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53020, WI

How much do homes in 53020, WI cost?

Median Sold Price

$433,000

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$87,250(+25.2%)

Key Takeaway

Homes in 53020 have sold for 25.2% more than they did a year ago.

Summary: The median home sold price in 53020 was $433,000 in October 2024, up 25.2% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $201K$246K
+22.4%
2 $363K$399K
+9.9%
3 $373.5K$436K
+16.7%
4 $425K$485K
+14.1%
5+ $2.1M$599.9K
-72.5%

Summary: 53020 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.4%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 72.5%.

Median Sold Price Compared To Nearby Zip Codes

53020
+25.2%
53061
+9.2%
53073
+8.3%
53042
+0.6%
53023
-6.4%

Housing Supply in 53020, WI

How many homes are available in 53020, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2724-11.1%

Summary: The 53020 real estate market had 24 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 88
0.0%
3 75
-28.6%
4 55
0.0%
5+ 21
-50.0%

Summary: The 53020 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 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

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 53020, 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 53020 in October 2024, the same as the previous 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 53020, 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 23 Days Ago

Newest Listings in 53020, WI

Nearby Markets to 53020, WI