Is 53074, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53074 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53074 has remained a Seller's Market.

Key Takeaway

53074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53074, WI

How much do homes in 53074, WI cost?

Median Sold Price

$365,950

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,950(+15.1%)

Key Takeaway

Homes in 53074 have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in 53074 was $365,950 in November 2024, up 15.1% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$125K
N/A
2 $270K$285K
+5.6%
3 $304.9K$359.9K
+18.0%
4 $415K$475K
+14.5%
5+ $416.5K$617.4K
+48.2%

Summary: 53074 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 48.2%.

Median Sold Price Compared To Nearby Zip Codes

53074
+15.1%
53080
+14.1%
53004
+12.4%
53024
+11.4%
53021
-2.9%

Housing Supply in 53074, WI

How many homes are available in 53074, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3734-8.1%

Summary: The 53074 real estate market had 34 homes for sale in November 2024, a 8.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 85
-37.5%
3 1615
-6.3%
4 911
+22.2%
5+ 33
0.0%

Summary: The 53074 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53074, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 53074 in November 2024, up by 36.4% month-over-month. Of the 15 sold homes, 47% were sold under asking, 13% were sold at asking, and 40% were sold over asking.

Days on Market for 53074, 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 22 Days Ago

Newest Listings in 53074, WI

Nearby Markets to 53074, WI