Is 53179, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53179 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 53179 has remained a Seller's Market.

Key Takeaway

53179 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53179, WI

How much do homes in 53179, WI cost?

Median Sold Price

$330,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,000(-4.3%)

Key Takeaway

Homes in 53179 have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in 53179 was $330,000 in December 2024, down 4.3% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $160K$165K
+3.1%
2 $195.5K$230K
+17.6%
3 $365K$330K
-9.6%
4 $368K$364.4K
-1.0%
5+ $770K$599.9K
-22.1%

Summary: 53179 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 17.6%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 22.1%.

Median Sold Price Compared To Nearby Zip Codes

53181
+5.4%
53104
+1.2%
53168
-1.9%
53179
-4.3%

Housing Supply in 53179, WI

How many homes are available in 53179, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3032+6.7%

Summary: The 53179 real estate market had 32 homes for sale in December 2024, a 6.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 1719
+11.8%
4 87
-12.5%
5+ 22
0.0%

Summary: The 53179 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53179, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 53179 in December 2024, up by 150.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 53179, 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 2 Days Ago

Newest Listings in 53179, WI

Nearby Markets to 53179, WI