Is 53215, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53215 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53215 has remained a Seller's Market.

Key Takeaway

53215 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53215, WI

How much do homes in 53215, WI cost?

Median Sold Price

$215,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,000(+18.8%)

Key Takeaway

Homes in 53215 have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in 53215 was $215,000 in November 2024, up 18.8% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$86K
N/A
2 $154.7K$207.5K
+34.1%
3 $203.5K$218K
+7.1%
4 $180K$220K
+22.2%
5+ $160K$195K
+21.9%

Summary: 53215 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 21.9%.

Median Sold Price Compared To Nearby Zip Codes

53215
+18.8%
53204
+9.4%
53219
+7.5%
53207
+3.9%
53221
+3.9%

Housing Supply in 53215, WI

How many homes are available in 53215, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5660+7.1%

Summary: The 53215 real estate market had 60 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 2326
+13.0%
4 2122
+4.8%
5+ 35
+66.7%

Summary: The 53215 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 22.2%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1914-26.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53215, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 53215 in November 2024, down by 26.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.

Days on Market for 53215, 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 2 Days Ago

Newest Listings in 53215, WI

Nearby Markets to 53215, WI