Is 53081, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53081 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53081 has remained a Seller's Market.

Key Takeaway

53081 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53081, WI

How much do homes in 53081, WI cost?

Median Sold Price

$232,466

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,966(+15.4%)

Key Takeaway

Homes in 53081 have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in 53081 was $232,466 in October 2024, up 15.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $156K$259.9K
+66.6%
2 $176.4K$190K
+7.7%
3 $210K$243K
+15.7%
4 $224.9K$239.9K
+6.6%
5+ $217.5K$251K
+15.4%

Summary: 53081 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.6%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Zip Codes

53085
+24.0%
53081
+15.4%
53083
+5.5%
53044
-5.5%

Housing Supply in 53081, WI

How many homes are available in 53081, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
115112-2.6%

Summary: The 53081 real estate market had 112 homes for sale in October 2024, a 2.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 2825
-10.7%
3 6363
0.0%
4 1916
-15.8%
5+ 56
+20.0%

Summary: The 53081 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4027-32.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53081, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 53081 in October 2024, down by 32.5% month-over-month. Of the 27 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for 53081, 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 17 Days Ago

Newest Listings in 53081, WI

Nearby Markets to 53081, WI