Is 53050, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53050 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 53050 was a Neutral Market.

Key Takeaway

53050 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53050, WI

How much do homes in 53050, WI cost?

Median Sold Price

$245,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,500(+13.2%)

Key Takeaway

Homes in 53050 have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in 53050 was $245,000 in October 2024, up 13.2% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $155K$170K
+9.7%
3 $230.5K$262.5K
+13.9%
4 $400K$289.9K
-27.5%
5+ $281.2K$500K
+77.8%

Summary: 53050 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 9.7%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes increased by 77.8%.

Median Sold Price Compared To Nearby Zip Codes

53048
+19.4%
53050
+13.2%
53032
+8.9%

Housing Supply in 53050, WI

How many homes are available in 53050, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3129-6.5%

Summary: The 53050 real estate market had 29 homes for sale in October 2024, a 6.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 1515
0.0%
4 66
0.0%
5+ 01
+100.0%

Summary: The 53050 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 decreased by 30%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53050, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 53050 in October 2024, the same as the previous month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.

Days on Market for 53050, 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 53050, WI

Nearby Markets to 53050, WI