Is 53209, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53209 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53209 has remained a Seller's Market.

Key Takeaway

53209 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53209, WI

How much do homes in 53209, WI cost?

Median Sold Price

$158,966

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,383(+16.4%)

Key Takeaway

Homes in 53209 have sold for 16.4% more than they did a year ago.

Summary: The median home sold price in 53209 was $158,966 in October 2024, up 16.4% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72.2K$90.9K
+25.9%
2 $112.2K$123K
+9.6%
3 $150K$164.9K
+10.0%
4 $176.9K$202.5K
+14.4%
5+ $204K$200K
-2.0%

Summary: 53209 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.9%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Zip Codes

53209
+16.4%
53223
+11.1%
53218
+7.9%
53217
+1.7%
53216
-0.7%

Housing Supply in 53209, WI

How many homes are available in 53209, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
147170+15.6%

Summary: The 53209 real estate market had 170 homes for sale in October 2024, a 15.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 68
+33.3%
2 4144
+7.3%
3 6176
+24.6%
4 3435
+2.9%
5+ 57
+40.0%

Summary: The 53209 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3341+24.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53209, you could pay more than the asking price. 51.2% of homes here sold above asking price last month.

Summary: A total of 41 homes were sold or pending in 53209 in October 2024, up by 24.2% month-over-month. Of the 41 sold homes, 32% were sold under asking, 17% were sold at asking, and 51% were sold over asking.

Days on Market for 53209, 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 53209, WI

Nearby Markets to 53209, WI