Is 53402, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53402 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53402 has remained a Seller's Market.

Key Takeaway

53402 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53402, WI

How much do homes in 53402, WI cost?

Median Sold Price

$270,700

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,200(+12.1%)

Key Takeaway

Homes in 53402 have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in 53402 was $270,700 in October 2024, up 12.1% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $91.9K$150K
+63.1%
2 $177.5K$187.5K
+5.6%
3 $241.1K$270K
+12.0%
4 $325K$382K
+17.5%
5+ $455K$459.5K
+1.0%

Summary: 53402 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Zip Codes

53406
+12.4%
53402
+12.1%
53404
+11.9%
53405
+5.7%
53403
+2.7%

Housing Supply in 53402, WI

How many homes are available in 53402, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
114106-7.0%

Summary: The 53402 real estate market had 106 homes for sale in October 2024, a 7.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1613
-18.8%
3 6058
-3.3%
4 2926
-10.3%
5+ 99
0.0%

Summary: The 53402 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 decreased by 18.8%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3831-18.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53402, you could pay more than the asking price. 48.4% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in 53402 in October 2024, down by 18.4% month-over-month. Of the 31 sold homes, 39% were sold under asking, 13% were sold at asking, and 48% were sold over asking.

Days on Market for 53402, 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 16 Days Ago

Newest Listings in 53402, WI

Nearby Markets to 53402, WI