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 October 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

$439,900

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,233(+3.1%)

Key Takeaway

Homes in 53189 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 53189 was $439,900 in October 2024, up 3.1% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $272.5K$289.9K
+6.4%
3 $405.5K$407.5K
0.5%
4 $500K$515K
+3.0%
5+ $594.8K$695K
+16.8%

Summary: 53189 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 16.8%.

Median Sold Price Compared To Nearby Zip Codes

53153
+13.3%
53183
+11.1%
53189
+3.1%
53188
+2.5%

Housing Supply in 53189, WI

How many homes are available in 53189, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8184+3.7%

Summary: The 53189 real estate market had 84 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 610
+66.7%
3 4039
-2.5%
4 2626
0.0%
5+ 99
0.0%

Summary: The 53189 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 increased by 66.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2122+4.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

14 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. 63.6% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 53189 in October 2024, up by 4.8% month-over-month. Of the 22 sold homes, 23% were sold under asking, 14% were sold at asking, and 64% 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 21 Days Ago

Newest Listings in 53189, WI

Nearby Markets to 53189, WI