Is 53150, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53150 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53150 has remained a Seller's Market.

Key Takeaway

53150 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53150, WI

How much do homes in 53150, WI cost?

Median Sold Price

$459,950

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+2.2%)

Key Takeaway

Homes in 53150 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 53150 was $459,950 in October 2024, up 2.2% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$172.5K
N/A
2 $273.4K$406.5K
+48.7%
3 $422.5K$435K
+3.0%
4 $535K$615K
+15.0%
5+ $727.5K$690K
-5.2%

Summary: 53150 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 increased by 48.7%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

53103
+16.8%
53130
+10.3%
53146
+5.0%
53151
+4.8%
53150
+2.2%

Housing Supply in 53150, WI

How many homes are available in 53150, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6368+7.9%

Summary: The 53150 real estate market had 68 homes for sale in October 2024, a 7.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1621
+31.3%
3 3130
-3.2%
4 87
-12.5%
5+ 69
+50.0%

Summary: The 53150 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 31.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2120-4.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53150, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 53150 in October 2024, down by 4.8% month-over-month. Of the 20 sold homes, 35% were sold under asking, 15% were sold at asking, and 50% were sold over asking.

Days on Market for 53150, 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 23 Days Ago

Newest Listings in 53150, WI

Nearby Markets to 53150, WI