Is 53120, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53120 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53120 has remained a Seller's Market.

Key Takeaway

53120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53120, WI

How much do homes in 53120, WI cost?

Median Sold Price

$393,500

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,500(-0.4%)

Key Takeaway

The sold price of homes in 53120 has remained the same since last year.

Summary: The median home sold price in 53120 was $393,500 in October 2024, down 0.4% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $215K-
N/A
2 $285K$278.7K
-2.2%
3 $386.2K$430K
+11.3%
4 $392.7K$396K
+0.8%
5+ $1.5M$570K
-62.0%

Summary: 53120 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 62%.

Median Sold Price Compared To Nearby Zip Codes

53185
+9.3%
53121
+7.6%
53149
+2.2%
53120
-0.4%
53119
-8.7%

Housing Supply in 53120, WI

How many homes are available in 53120, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2830+7.1%

Summary: The 53120 real estate market had 30 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 66
0.0%
3 1614
-12.5%
4 57
+40.0%
5+ 12
+100.0%

Summary: The 53120 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53120, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 53120 in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for 53120, 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 53120, WI

Nearby Markets to 53120, WI