Is 53142, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53142 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53142 has remained a Seller's Market.

Key Takeaway

53142 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53142, WI

How much do homes in 53142, WI cost?

Median Sold Price

$289,173

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,673(+6.9%)

Key Takeaway

Homes in 53142 have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in 53142 was $289,173 in November 2024, up 6.9% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $147.9K$150K
+1.4%
2 $190K$212K
+11.6%
3 $276K$290K
+5.1%
4 $365.5K$400K
+9.4%
5+ $420K$517.5K
+23.2%

Summary: 53142 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 23.2%.

Median Sold Price Compared To Nearby Zip Codes

53144
+13.3%
53142
+6.9%
53143
+6.8%
53158
+1.5%
53104
-0.8%

Housing Supply in 53142, WI

How many homes are available in 53142, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8676-11.6%

Summary: The 53142 real estate market had 76 homes for sale in November 2024, a 11.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1719
+11.8%
3 4230
-28.6%
4 2522
-12.0%
5+ 23
+50.0%

Summary: The 53142 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3229-9.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53142, you could pay more than the asking price. 41.4% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in 53142 in November 2024, down by 9.4% month-over-month. Of the 29 sold homes, 38% were sold under asking, 21% were sold at asking, and 41% were sold over asking.

Days on Market for 53142, WI

How long does it take to sell a home in 53142, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 53142 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 29 homes were sold in 53142; 3% of homes were sold within 30 days, 0% 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 53142, WI

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