Is 53045, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53045 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53045 has remained a Seller's Market.

Key Takeaway

53045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53045, WI

How much do homes in 53045, WI cost?

Median Sold Price

$485,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,500(+9.4%)

Key Takeaway

Homes in 53045 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 53045 was $485,000 in October 2024, up 9.4% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $343.7K$345K
0.4%
3 $413.5K$446.5K
+8.0%
4 $535K$585K
+9.3%
5+ $800K$845K
+5.6%

Summary: 53045 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 increased by 0.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Zip Codes

53072
+16.0%
53005
+12.9%
53051
+10.6%
53045
+9.4%
53186
+4.0%

Housing Supply in 53045, WI

How many homes are available in 53045, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7378+6.8%

Summary: The 53045 real estate market had 78 homes for sale in October 2024, a 6.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1319
+46.2%
3 2728
+3.7%
4 2421
-12.5%
5+ 910
+11.1%

Summary: The 53045 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 46.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53045, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 53045 in October 2024, down by 9.5% month-over-month. Of the 19 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% were sold over asking.

Days on Market for 53045, 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 24 Days Ago

Newest Listings in 53045, WI

Nearby Markets to 53045, WI