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 December 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

$480,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$17,333(+3.7%)

Key Takeaway

Homes in 53045 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 53045 was $480,000 in December 2024, up 3.7% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $363K$322.5K
-11.2%
3 $431K$440K
+2.1%
4 $535K$592.5K
+10.7%
5+ $777.5K$787.5K
+1.3%

Summary: 53045 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Zip Codes

53072
+15.6%
53005
+9.1%
53051
+8.1%
53045
+3.7%
53186
+1.8%

Housing Supply in 53045, WI

How many homes are available in 53045, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6547-27.7%

Summary: The 53045 real estate market had 47 homes for sale in December 2024, a 27.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1714
-17.6%
3 2315
-34.8%
4 1911
-42.1%
5+ 67
+16.7%

Summary: The 53045 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 34.8%, 4 bedroom homes decreased by 42.1%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2811-60.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 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 could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 53045 in December 2024, down by 60.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% 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 6 Days Ago

Newest Listings in 53045, WI

Nearby Markets to 53045, WI