Is 53222, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53222 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53222 has remained a Seller's Market.

Key Takeaway

53222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53222, WI

How much do homes in 53222, WI cost?

Median Sold Price

$247,725

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,791(+10.1%)

Key Takeaway

Homes in 53222 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 53222 was $247,725 in November 2024, up 10.1% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $72K$81.9K
+13.8%
2 $176K$196.4K
+11.6%
3 $235K$261K
+11.1%
4 $250K$277.5K
+11.0%
5+ $259.4K$335K
+29.1%

Summary: 53222 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 29.1%.

Median Sold Price Compared To Nearby Zip Codes

53225
+21.8%
53222
+10.1%
53218
+10.0%
53213
0.4%
53226
0.3%

Housing Supply in 53222, WI

How many homes are available in 53222, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9182-9.9%

Summary: The 53222 real estate market had 82 homes for sale in November 2024, a 9.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1716
-5.9%
3 5549
-10.9%
4 1513
-13.3%
5+ 33
0.0%

Summary: The 53222 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 5.9%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3124-22.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53222, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in 53222 in November 2024, down by 22.6% month-over-month. Of the 24 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for 53222, 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 53222, WI

Nearby Markets to 53222, WI