Is 53156, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53156 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53156 has remained a Seller's Market.

Key Takeaway

53156 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53156, WI

How much do homes in 53156, WI cost?

Median Sold Price

$310,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,500(-5.3%)

Key Takeaway

Homes in 53156 have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in 53156 was $310,000 in October 2024, down 5.3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $220K-
N/A
2 $340K$285K
-16.2%
3 $275K$285K
+3.6%
4 $525K$587.3K
+11.9%
5+ $455.5K$544.9K
+19.6%

Summary: 53156 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 16.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 19.6%.

Median Sold Price Compared To Nearby Zip Codes

53118
+8.6%
53190
0.0%
53156
-5.3%
53119
-8.7%

Housing Supply in 53156, WI

How many homes are available in 53156, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The 53156 real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 67
+16.7%
4 33
0.0%
5+ 22
0.0%

Summary: The 53156 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53156, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 53156 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 53156, 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 16 Days Ago

Newest Listings in 53156, WI

Nearby Markets to 53156, WI