$1,151 Closing Credit*
$96,900
564 SqFt
2 Beds
•1 Full Bath
#1902008, Holly Speranza, Listing Office: Keller Williams-MNS Wauwatosa
Is 53216, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 53216 has remained a Seller's Market.
Key Takeaway
53216 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53216, WI
How much do homes in 53216, WI cost?
Median Sold Price
$150,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+3.4%)
Key Takeaway
Homes in 53216 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 53216 was $150,000 in November 2024, up 3.4% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46.9K | - | N/A |
| 2 Bedrooms | $120K | $115K | -4.2% |
| 3 Bedrooms | $155K | $158.9K | +2.5% |
| 4 Bedrooms | $180K | $175K | -2.8% |
| 5+ Bedrooms | $171.3K | $229.9K | +34.2% |
Summary: 53216 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 decreased by 4.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 34.2%.
Housing Supply in 53216, WI
How many homes are available in 53216, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 89 | +8.5% |
Summary: The 53216 real estate market had 89 homes for sale in November 2024, a 8.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 49 | 54 | +10.2% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 53216 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 increased by 12.5%, 3 bedroom homes increased by 10.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53216, you could pay more than the asking price. 37.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 53216 in November 2024, down by 20.0% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.
Days on Market for 53216, WI
We’re sorry, we don't have information for this market at the moment
