$2,078 Closing Credit*
$175,000
2,394 SqFt
#1900195, Peter Promersberger, Listing Office: Keller Williams Realty-Milwaukee Southwest
Is 53206, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 53206 was a Seller's Market.
Key Takeaway
53206 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 53206, WI
How much do homes in 53206, WI cost?
Median Sold Price
$64,750
$49/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,250(+28.2%)
Key Takeaway
Homes in 53206 have sold for 28.2% more than they did a year ago.
Summary: The median home sold price in 53206 was $64,750 in October 2024, up 28.2% from last year, and the median price per square foot was $49.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $25K | N/A |
| 2 Bedrooms | $50K | $26K | -48.0% |
| 3 Bedrooms | $36.3K | $70K | +92.4% |
| 4 Bedrooms | $68.5K | $65.3K | -4.6% |
| 5+ Bedrooms | $61K | $60K | -1.6% |
Summary: 53206 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 decreased by 48%, 3 bedroom homes increased by 92.4%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 1.6%.
Housing Supply in 53206, WI
How many homes are available in 53206, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 59 | +7.3% |
Summary: The 53206 real estate market had 59 homes for sale in October 2024, a 7.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 25 | 28 | +12.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The 53206 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53206, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 53206 in October 2024, down by 43.8% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 53206, WI
We’re sorry, we don't have information for this market at the moment
