Is 53042, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53042 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 53042 was a Seller's Market.

Key Takeaway

53042 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 53042, WI

How much do homes in 53042, WI cost?

Median Sold Price

$255,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,550(+0.6%)

Key Takeaway

Homes in 53042 have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in 53042 was $255,000 in October 2024, up 0.6% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $205K$195K
-4.9%
3 $265K$250K
-5.7%
4 $362.4K$320K
-11.7%
5+ $344.9K$250K
-27.5%

Summary: 53042 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 4.9%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes decreased by 27.5%.

Median Sold Price Compared To Nearby Zip Codes

53020
+25.2%
53042
+0.6%

Housing Supply in 53042, WI

How many homes are available in 53042, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2122+4.8%

Summary: The 53042 real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1313
0.0%
4 56
+20.0%
5+ 00
0.0%

Summary: The 53042 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 remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53042, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 53042 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 53042, 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 53042, WI

Nearby Markets to 53042, WI