Is 53181, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53181 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53181 has remained a Seller's Market.

Key Takeaway

53181 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53181, WI

How much do homes in 53181, WI cost?

Median Sold Price

$379,525

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,525(+4.0%)

Key Takeaway

Homes in 53181 have sold for 4% more than they did a year ago.

Summary: The median home sold price in 53181 was $379,525 in October 2024, up 4% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $151.3K$137K
-9.5%
2 $264.9K$285K
+7.6%
3 $330K$377K
+14.3%
4 $407K$443.5K
+9.0%
5+ $531K$1.4M
+166.5%

Summary: 53181 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 166.5%.

Median Sold Price Compared To Nearby Zip Codes

53128
+4.2%
53181
+4.0%
53105
0.0%
53179
-6.2%

Housing Supply in 53181, WI

How many homes are available in 53181, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3537+5.7%

Summary: The 53181 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 11
0.0%
2 98
-11.1%
3 1716
-5.9%
4 36
+100.0%
5+ 56
+20.0%

Summary: The 53181 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 11.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53181, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 53181 in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for 53181, WI

How long does it take to sell a home in 53181, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 53181 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 53181; 14% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in 53181, WI

Nearby Markets to 53181, WI