Is 53189, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53189 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53189 has remained a Seller's Market.

Key Takeaway

53189 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53189, WI

How much do homes in 53189, WI cost?

Median Sold Price

$453,562

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,629(+6.7%)

Key Takeaway

Homes in 53189 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 53189 was $453,562 in November 2024, up 6.7% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $260K$325K
+25.0%
3 $405K$411.5K
+1.6%
4 $500K$515K
+3.0%
5+ $594.8K$720K
+21.0%

Summary: 53189 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 21%.

Median Sold Price Compared To Nearby Zip Codes

53189
+6.7%
53183
+5.3%
53188
+3.3%

Housing Supply in 53189, WI

How many homes are available in 53189, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7774-3.9%

Summary: The 53189 real estate market had 74 homes for sale in November 2024, a 3.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1217
+41.7%
3 3534
-2.9%
4 2216
-27.3%
5+ 87
-12.5%

Summary: The 53189 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
22220.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53189, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 53189 in November 2024, the same as the previous month. Of the 22 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.

Days on Market for 53189, 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 22 Days Ago

Newest Listings in 53189, WI

Nearby Markets to 53189, WI