Is 53235, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53235 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53235 has remained a Seller's Market.

Key Takeaway

53235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53235, WI

How much do homes in 53235, WI cost?

Median Sold Price

$295,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,999(+18.0%)

Key Takeaway

Homes in 53235 have sold for 18% more than they did a year ago.

Summary: The median home sold price in 53235 was $295,000 in November 2024, up 18% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $242.4K$260K
+7.2%
2 $250K$286K
+14.4%
3 $261K$299.5K
+14.8%
4 $271K$330K
+21.8%
5+ $203K-
N/A

Summary: 53235 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53235
+18.0%
53110
+5.0%
53207
+3.9%

Housing Supply in 53235, WI

How many homes are available in 53235, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3127-12.9%

Summary: The 53235 real estate market had 27 homes for sale in November 2024, a 12.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 97
-22.2%
3 1614
-12.5%
4 55
0.0%
5+ 00
0.0%

Summary: The 53235 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 22.2%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53235, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 53235 in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.

Days on Market for 53235, 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 26 Days Ago

Newest Listings in 53235, WI

Nearby Markets to 53235, WI