Is 53029, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53029 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53029 has remained a Seller's Market.

Key Takeaway

53029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53029, WI

How much do homes in 53029, WI cost?

Median Sold Price

$617,450

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$104,950(+20.5%)

Key Takeaway

Homes in 53029 have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in 53029 was $617,450 in October 2024, up 20.5% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180K$197.4K
+9.7%
2 $390K$364.5K
-6.5%
3 $400K$462.5K
+15.6%
4 $605.5K$712.5K
+17.7%
5+ $886.6K$1.2M
+36.8%

Summary: 53029 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 36.8%.

Median Sold Price Compared To Nearby Zip Codes

53029
+20.5%
53072
+16.0%
53018
+5.4%
53089
+0.7%

Housing Supply in 53029, WI

How many homes are available in 53029, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6555-15.4%

Summary: The 53029 real estate market had 55 homes for sale in October 2024, a 15.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2322
-4.3%
4 2619
-26.9%
5+ 85
-37.5%

Summary: The 53029 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 increased by 12.5%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2215-31.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53029, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 53029 in October 2024, down by 31.8% month-over-month. Of the 15 sold homes, 60% were sold under asking, 7% were sold at asking, and 33% were sold over asking.

Days on Market for 53029, 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 53029, WI

Nearby Markets to 53029, WI