Is 53211, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53211 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53211 has remained a Seller's Market.

Key Takeaway

53211 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53211, WI

How much do homes in 53211, WI cost?

Median Sold Price

$487,000

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$64,500(+15.3%)

Key Takeaway

Homes in 53211 have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in 53211 was $487,000 in October 2024, up 15.3% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $126K$141K
+11.9%
2 $245K$292.5K
+19.4%
3 $415K$463.5K
+11.7%
4 $524.9K$635K
+21.0%
5+ $735K$935K
+27.2%

Summary: 53211 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 21%, and 5+ bedroom homes increased by 27.2%.

Median Sold Price Compared To Nearby Zip Codes

53211
+15.3%
53212
+14.7%
53202
+8.4%
53217
+1.7%

Housing Supply in 53211, WI

How many homes are available in 53211, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7166-7.0%

Summary: The 53211 real estate market had 66 homes for sale in October 2024, a 7.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 119
-18.2%
3 1819
+5.6%
4 2925
-13.8%
5+ 89
+12.5%

Summary: The 53211 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2225+13.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53211, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 53211 in October 2024, up by 13.6% month-over-month. Of the 25 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.

Days on Market for 53211, 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 53211, WI

Nearby Markets to 53211, WI