Is 53204, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53204 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 53204 was a Seller's Market.

Key Takeaway

53204 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 53204, WI

How much do homes in 53204, WI cost?

Median Sold Price

$169,500

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,500(+9.4%)

Key Takeaway

Homes in 53204 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 53204 was $169,500 in November 2024, up 9.4% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $305K$360K
+18.0%
2 $101K$152.5K
+51.0%
3 $107K$143.4K
+34.0%
4 $160K$170K
+6.3%
5+ $65K$205K
+215.4%

Summary: 53204 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18%, 2 bedroom homes increased by 51%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 215.4%.

Median Sold Price Compared To Nearby Zip Codes

53215
+18.8%
53204
+9.4%
53202
+6.3%

Housing Supply in 53204, WI

How many homes are available in 53204, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4043+7.5%

Summary: The 53204 real estate market had 43 homes for sale in November 2024, a 7.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 99
0.0%
2 1211
-8.3%
3 99
0.0%
4 812
+50.0%
5+ 22
0.0%

Summary: The 53204 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 decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53204, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 53204 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.

Days on Market for 53204, 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 17 Days Ago

Newest Listings in 53204, WI

Nearby Markets to 53204, WI