Is 53097, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53097 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 53097 was a Neutral Market.

Key Takeaway

53097 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53097, WI

How much do homes in 53097, WI cost?

Median Sold Price

$685,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,500(+2.6%)

Key Takeaway

Homes in 53097 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 53097 was $685,000 in November 2024, up 2.6% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $292.9K$280K
-4.4%
3 $450K$550K
+22.2%
4 $717.5K$787.5K
+9.8%
5+ $1.2M$1.0M
-12.3%

Summary: 53097 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 decreased by 4.4%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

53024
+11.4%
53012
+8.5%
53092
+3.0%
53097
+2.6%

Housing Supply in 53097, WI

How many homes are available in 53097, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2327+17.4%

Summary: The 53097 real estate market had 27 homes for sale in November 2024, a 17.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 45
+25.0%
4 1414
0.0%
5+ 45
+25.0%

Summary: The 53097 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 200%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53097, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 53097 in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for 53097, 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 53097, WI

Nearby Markets to 53097, WI