Is 53140, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53140 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53140 has remained a Seller's Market.

Key Takeaway

53140 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53140, WI

How much do homes in 53140, WI cost?

Median Sold Price

$234,600

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,600(+9.1%)

Key Takeaway

Homes in 53140 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 53140 was $234,600 in October 2024, up 9.1% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $134.9K$139.9K
+3.7%
2 $198.9K$225K
+13.1%
3 $225K$246K
+9.3%
4 $244.9K$248K
+1.3%
5+ $182K$219K
+20.3%

Summary: 53140 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 20.3%.

Median Sold Price Compared To Nearby Zip Codes

53144
+10.2%
53140
+9.1%
53143
+6.4%
53403
+2.7%

Housing Supply in 53140, WI

How many homes are available in 53140, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4855+14.6%

Summary: The 53140 real estate market had 55 homes for sale in October 2024, a 14.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2017
-15.0%
3 2029
+45.0%
4 56
+20.0%
5+ 33
0.0%

Summary: The 53140 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 45%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53140, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 53140 in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for 53140, WI

How long does it take to sell a home in 53140, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 53140 has remained consistent over time.

Summary: During October 2024, 16 homes were sold in 53140; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 53140, WI

Nearby Markets to 53140, WI