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 4 Days Ago

Newest Listings in 53181, WI

Nearby Markets to 53181, WI