Is 53085, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53085 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53085 has remained a Seller's Market.

Key Takeaway

53085 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53085, WI

How much do homes in 53085, WI cost?

Median Sold Price

$310,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,100(+24.0%)

Key Takeaway

Homes in 53085 have sold for 24% more than they did a year ago.

Summary: The median home sold price in 53085 was $310,000 in October 2024, up 24% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $203K-
N/A
2 $207.5K$327.5K
+57.8%
3 $247.7K$282K
+13.8%
4 $303.2K$352.4K
+16.2%
5+ $398.1K$490K
+23.1%

Summary: 53085 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 57.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Zip Codes

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

Housing Supply in 53085, WI

How many homes are available in 53085, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3834-10.5%

Summary: The 53085 real estate market had 34 homes for sale in October 2024, a 10.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 97
-22.2%
3 1416
+14.3%
4 127
-41.7%
5+ 33
0.0%

Summary: The 53085 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 22.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53085, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 53085 in October 2024, down by 40.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for 53085, 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 53085, WI

Nearby Markets to 53085, WI