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 October 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

$245,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,666(+10.2%)

Key Takeaway

Homes in 53222 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 53222 was $245,500 in October 2024, up 10.2% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72K$79.9K
+11.0%
2 $175K$188.7K
+7.9%
3 $234.7K$261K
+11.2%
4 $256K$260K
+1.6%
5+ $269K$330K
+22.7%

Summary: 53222 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Zip Codes

53225
+19.6%
53222
+10.2%
53218
+7.9%
53226
+5.7%
53213
+0.7%

Housing Supply in 53222, WI

How many homes are available in 53222, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
96101+5.2%

Summary: The 53222 real estate market had 101 homes for sale in October 2024, a 5.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 31
-66.7%
2 1818
0.0%
3 5862
+6.9%
4 1217
+41.7%
5+ 53
-40.0%

Summary: The 53222 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3527-22.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 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. 55.6% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 53222 in October 2024, down by 22.9% month-over-month. Of the 27 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% 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 20 Days Ago

Newest Listings in 53222, WI

Nearby Markets to 53222, WI