Is 53105, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53105 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53105 has remained a Seller's Market.

Key Takeaway

53105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53105, WI

How much do homes in 53105, WI cost?

Median Sold Price

$350,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100(0.0%)

Key Takeaway

The sold price of homes in 53105 has remained the same since last year.

Summary: The median home sold price in 53105 was $350,000 in October 2024, the same as last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $205K$196.5K
-4.1%
2 $220K$245K
+11.4%
3 $346.3K$335K
-3.3%
4 $405K$434K
+7.2%
5+ $512K$670K
+30.9%

Summary: 53105 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 30.9%.

Median Sold Price Compared To Nearby Zip Codes

53147
+8.5%
53128
+4.2%
53105
0.0%

Housing Supply in 53105, WI

How many homes are available in 53105, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9399+6.5%

Summary: The 53105 real estate market had 99 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 1411
-21.4%
3 4648
+4.3%
4 2127
+28.6%
5+ 1010
0.0%

Summary: The 53105 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3025-16.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53105, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 53105 in October 2024, down by 16.7% month-over-month. Of the 25 sold homes, 52% were sold under asking, 20% were sold at asking, and 28% were sold over asking.

Days on Market for 53105, WI

How long does it take to sell a home in 53105, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 53105 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 25 homes were sold in 53105; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 53105, WI

Nearby Markets to 53105, WI