$3,443 Closing Credit*
$289,900
1,692 SqFt
3 Beds
•2 Full Baths
#1900096, Golden Legacy Group*, Listing Office: EXP Realty, LLC MKE
Is 53227, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 53227 has remained a Seller's Market.
Key Takeaway
53227 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53227, WI
How much do homes in 53227, WI cost?
Median Sold Price
$281,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,000(+12.4%)
Key Takeaway
Homes in 53227 have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in 53227 was $281,000 in October 2024, up 12.4% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $74.5K | N/A |
| 2 Bedrooms | $186K | $215K | +15.6% |
| 3 Bedrooms | $255K | $288.7K | +13.2% |
| 4 Bedrooms | $281K | $328.2K | +16.8% |
| 5+ Bedrooms | $314.9K | $435K | +38.1% |
Summary: 53227 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 38.1%.
Housing Supply in 53227, WI
How many homes are available in 53227, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 56 | +14.3% |
Summary: The 53227 real estate market had 56 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 30 | 32 | +6.7% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 53227 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53227, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 53227 in October 2024, up by 26.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 5% were sold at asking, and 58% were sold over asking.
Days on Market for 53227, WI
We’re sorry, we don't have information for this market at the moment
