Is 53207, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53207 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53207 has remained a Seller's Market.

Key Takeaway

53207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53207, WI

How much do homes in 53207, WI cost?

Median Sold Price

$280,595

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,595(+3.9%)

Key Takeaway

Homes in 53207 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 53207 was $280,595 in November 2024, up 3.9% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $177.5K$170K
-4.2%
2 $230K$250K
+8.7%
3 $292K$296K
+1.4%
4 $310K$319K
+2.9%
5+ $412K$533K
+29.4%

Summary: 53207 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 29.4%.

Median Sold Price Compared To Nearby Zip Codes

53215
+18.8%
53235
+18.0%
53204
+9.4%
53110
+5.0%
53207
+3.9%

Housing Supply in 53207, WI

How many homes are available in 53207, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7266-8.3%

Summary: The 53207 real estate market had 66 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1413
-7.1%
3 4132
-22.0%
4 1418
+28.6%
5+ 11
0.0%

Summary: The 53207 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 7.1%, 3 bedroom homes decreased by 22%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2822-21.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53207, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 53207 in November 2024, down by 21.4% month-over-month. Of the 22 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for 53207, 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 53207, WI

Nearby Markets to 53207, WI