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 November 2023

Since last year, 53119 has remained a Seller'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

$465,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+2.2%)

Key Takeaway

Homes in 53119 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 53119 was $465,000 in November 2024, up 2.2% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $312.3K$392.4K
+25.7%
3 $393K$411.4K
+4.7%
4 $514.5K$533K
+3.6%
5+ $680K$707.5K
+4.0%

Summary: 53119 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 increased by 25.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Zip Codes

53149
+6.1%
53156
+4.7%
53119
+2.2%
53120
-0.4%

Housing Supply in 53119, WI

How many homes are available in 53119, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1213+8.3%

Summary: The 53119 real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The 53119 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 53119 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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 4 Days Ago

Newest Listings in 53119, WI

Nearby Markets to 53119, WI