Is 53223, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53223 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53223 has remained a Seller's Market.

Key Takeaway

53223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53223, WI

How much do homes in 53223, WI cost?

Median Sold Price

$216,666

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,433(+12.7%)

Key Takeaway

Homes in 53223 have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in 53223 was $216,666 in November 2024, up 12.7% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $56.3K$66.4K
+17.9%
2 $75.5K$105K
+39.1%
3 $223K$237K
+6.3%
4 $245K$329.9K
+34.7%
5+ $266K$332K
+24.8%

Summary: 53223 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 39.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 34.7%, and 5+ bedroom homes increased by 24.8%.

Median Sold Price Compared To Nearby Zip Codes

53209
+14.2%
53223
+12.7%
53218
+10.0%
53224
+5.6%
53092
+3.0%

Housing Supply in 53223, WI

How many homes are available in 53223, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9092+2.2%

Summary: The 53223 real estate market had 92 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1517
+13.3%
3 6364
+1.6%
4 910
+11.1%
5+ 10
-100.0%

Summary: The 53223 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2521-16.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53223, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 53223 in November 2024, down by 16.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for 53223, 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 17 Days Ago

Newest Listings in 53223, WI

Nearby Markets to 53223, WI