Is 53147, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53147 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53147 has remained a Seller's Market.

Key Takeaway

53147 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53147, WI

How much do homes in 53147, WI cost?

Median Sold Price

$434,166

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,166(+8.5%)

Key Takeaway

Homes in 53147 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 53147 was $434,166 in October 2024, up 8.5% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$146.5K
-5.5%
2 $272K$282.5K
+3.9%
3 $440K$440K
0.0%
4 $620K$645K
+4.0%
5+ $1.3M$1.0M
-24.0%

Summary: 53147 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 3.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 24%.

Median Sold Price Compared To Nearby Zip Codes

53191
+20.2%
53147
+8.5%
53128
+4.2%

Housing Supply in 53147, WI

How many homes are available in 53147, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
173187+8.1%

Summary: The 53147 real estate market had 187 homes for sale in October 2024, a 8.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1214
+16.7%
2 3037
+23.3%
3 6872
+5.9%
4 3639
+8.3%
5+ 2725
-7.4%

Summary: The 53147 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 7.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3039+30.0%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53147, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 53147 in October 2024, up by 30.0% month-over-month. Of the 39 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for 53147, 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 53147, WI

Nearby Markets to 53147, WI