Is 53110, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53110 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53110 has remained a Seller's Market.

Key Takeaway

53110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53110, WI

How much do homes in 53110, WI cost?

Median Sold Price

$250,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+4.2%)

Key Takeaway

Homes in 53110 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 53110 was $250,000 in October 2024, up 4.2% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $122.5K$167.4K
+36.7%
2 $220K$228K
+3.6%
3 $246K$269.9K
+9.7%
4 $265K$299.9K
+13.2%
5+ $262.5K-
N/A

Summary: 53110 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.7%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53235
+14.2%
53207
+6.4%
53110
+4.2%

Housing Supply in 53110, WI

How many homes are available in 53110, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4357+32.6%

Summary: The 53110 real estate market had 57 homes for sale in October 2024, a 32.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1312
-7.7%
3 2735
+29.6%
4 29
+350.0%
5+ 01
+100.0%

Summary: The 53110 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 350%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1317+30.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53110, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in 53110 in October 2024, up by 30.8% month-over-month. Of the 17 sold homes, 24% were sold under asking, 47% were sold at asking, and 29% were sold over asking.

Days on Market for 53110, 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 13 Days Ago

Newest Listings in 53110, WI

Nearby Markets to 53110, WI