Is 53119, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53119 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 53119 was a Buyer's Market.

Key Takeaway

53119 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53119, WI

How much do homes in 53119, WI cost?

Median Sold Price

$447,450

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$2,550(-0.6%)

Key Takeaway

Homes in 53119 have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in 53119 was $447,450 in December 2024, down 0.6% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $312.3K$392.4K
+25.7%
3 $393K$421.4K
+7.2%
4 $515K$533K
+3.5%
5+ $650K$765K
+17.7%

Summary: 53119 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Zip Codes

53149
+4.4%
53120
+1.6%
53119
-0.6%

Housing Supply in 53119, WI

How many homes are available in 53119, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1211-8.3%

Summary: The 53119 real estate market had 11 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 75
-28.6%
4 34
+33.3%
5+ 22
0.0%

Summary: The 53119 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 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 53119, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 53119 in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 53119, 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 8 Days Ago

Newest Listings in 53119, WI

Nearby Markets to 53119, WI