Is 53027, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53027 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53027 has remained a Seller's Market.

Key Takeaway

53027 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53027, WI

How much do homes in 53027, WI cost?

Median Sold Price

$366,333

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,333(+0.4%)

Key Takeaway

The sold price of homes in 53027 has remained the same since last year.

Summary: The median home sold price in 53027 was $366,333 in November 2024, up 0.4% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $317.5K-
N/A
2 $301K$287.4K
-4.5%
3 $353K$367K
+4.0%
4 $415K$414.5K
-0.1%
5+ $485K$570K
+17.5%

Summary: 53027 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 4.5%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Zip Codes

53076
+11.6%
53086
+1.6%
53027
0.4%

Housing Supply in 53027, WI

How many homes are available in 53027, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8263-23.2%

Summary: The 53027 real estate market had 63 homes for sale in November 2024, a 23.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1812
-33.3%
3 3529
-17.1%
4 2620
-23.1%
5+ 32
-33.3%

Summary: The 53027 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 33.3%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2920-31.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53027, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 53027 in November 2024, down by 31.0% month-over-month. Of the 20 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for 53027, 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 53027, WI

Nearby Markets to 53027, WI