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 October 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

$327,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$21,500(-6.2%)

Key Takeaway

Homes in 53179 have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in 53179 was $327,000 in October 2024, down 6.2% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $160K$161.9K
+1.2%
2 $212.5K$225K
+5.9%
3 $354K$345K
-2.5%
4 $495K$359.9K
-27.3%
5+ $800K$573K
-28.4%

Summary: 53179 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 28.4%.

Median Sold Price Compared To Nearby Zip Codes

53170
+17.0%
53181
+4.0%
53168
+3.1%
53179
-6.2%

Housing Supply in 53179, WI

How many homes are available in 53179, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3537+5.7%

Summary: The 53179 real estate market had 37 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 55
0.0%
3 1819
+5.6%
4 89
+12.5%
5+ 22
0.0%

Summary: The 53179 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 remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 53179 in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for 53179, WI

How long does it take to sell a home in 53179, WI?

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 53179 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 53179; 18% of homes were sold within 30 days, 9% 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 23 Days Ago

Newest Listings in 53179, WI

Nearby Markets to 53179, WI