Is 53083, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53083 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53083 has remained a Seller's Market.

Key Takeaway

53083 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53083, WI

How much do homes in 53083, WI cost?

Median Sold Price

$278,950

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,950(+7.3%)

Key Takeaway

Homes in 53083 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 53083 was $278,950 in November 2024, up 7.3% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $91.2K$99.5K
+9.0%
2 $170K$205K
+20.6%
3 $260K$284.9K
+9.6%
4 $365K$376.2K
+3.1%
5+ $425K$494.9K
+16.5%

Summary: 53083 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Zip Codes

53085
+31.9%
53081
+10.2%
53083
+7.3%
53044
-4.2%

Housing Supply in 53083, WI

How many homes are available in 53083, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4937-24.5%

Summary: The 53083 real estate market had 37 homes for sale in November 2024, a 24.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 47
+75.0%
3 2917
-41.4%
4 129
-25.0%
5+ 44
0.0%

Summary: The 53083 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 41.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
259-64.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53083, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 53083 in November 2024, down by 64.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.

Days on Market for 53083, 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 53083, WI

Nearby Markets to 53083, WI