$3,669 Closing Credit*
$309,000
1,692 SqFt
#1899159, Paul Stevens, Listing Office: Milwaukee Flat Fee Homes
Is 53214, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 53214 has remained a Seller's Market.
Key Takeaway
53214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53214, WI
How much do homes in 53214, WI cost?
Median Sold Price
$235,450
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,450(+7.0%)
Key Takeaway
Homes in 53214 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 53214 was $235,450 in October 2024, up 7% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.5K | $107.5K | -41.1% |
| 2 Bedrooms | $170K | $198K | +16.5% |
| 3 Bedrooms | $230K | $246.5K | +7.2% |
| 4 Bedrooms | $245K | $250K | +2.0% |
| 5+ Bedrooms | $220K | $277.5K | +26.1% |
Summary: 53214 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.1%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 26.1%.
Housing Supply in 53214, WI
How many homes are available in 53214, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 67 | +3.1% |
Summary: The 53214 real estate market had 67 homes for sale in October 2024, a 3.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 17 | +70.0% |
| 3 Bedrooms | 40 | 34 | -15.0% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 53214 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 70%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53214, you could pay more than the asking price. 72.2% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 53214 in October 2024, down by 30.8% month-over-month. Of the 18 sold homes, 11% were sold under asking, 17% were sold at asking, and 72% were sold over asking.
Days on Market for 53214, WI
We’re sorry, we don't have information for this market at the moment
