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 October 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

$370,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,066(+1.4%)

Key Takeaway

Homes in 53027 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 53027 was $370,000 in October 2024, up 1.4% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $317.5K-
N/A
2 $310K$285K
-8.1%
3 $353.1K$369.5K
+4.6%
4 $407K$417.6K
+2.6%
5+ $500K$485K
-3.0%

Summary: 53027 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 8.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Zip Codes

53076
+2.6%
53027
+1.4%
53086
+1.1%
53033
-6.7%
53078
-19.1%

Housing Supply in 53027, WI

How many homes are available in 53027, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8079-1.3%

Summary: The 53027 real estate market had 79 homes for sale in October 2024, a 1.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1515
0.0%
3 3836
-5.3%
4 2324
+4.3%
5+ 44
0.0%

Summary: The 53027 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 5.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2227+22.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 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. 51.9% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 53027 in October 2024, up by 22.7% month-over-month. Of the 27 sold homes, 52% were sold under asking, 19% 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