$3,146 Closing Credit*
$264,900
955 SqFt
3 Beds
•1 Full Bath
#1899901, Annette Ferrara-Backes, Listing Office: Milwaukee Executive Realty, LLC
Is 53074, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$353,250
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,250(+11.1%)
Key Takeaway
Homes in 53074 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 53074 was $353,250 in October 2024, up 11.1% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $270K | $285K | +5.6% |
| 3 Bedrooms | $303K | $347K | +14.5% |
| 4 Bedrooms | $425K | $475K | +11.8% |
| 5+ Bedrooms | $416.5K | $617.4K | +48.2% |
Summary: 53074 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 5.6%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 48.2%.
Median Sold Price Compared To Nearby Zip Codes
| 53074 | $318K | $353.2K | +11.1% |
| 53024 | $384.5K | $400K | +4.0% |
| 53021 | $350K | $346K | -1.1% |
Housing Supply in 53074, WI
How many homes are available in 53074, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 38 | +18.8% |
Summary: The 53074 real estate market had 38 homes for sale in October 2024, a 18.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 53074 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 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53074, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 53074 in October 2024, the same as the previous month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for 53074, WI
We’re sorry, we don't have information for this market at the moment
