Is 53404, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53404 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53404 has remained a Seller's Market.

Key Takeaway

53404 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53404, WI

How much do homes in 53404, WI cost?

Median Sold Price

$181,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,000(+13.1%)

Key Takeaway

Homes in 53404 have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in 53404 was $181,000 in November 2024, up 13.1% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $72K$80K
+11.1%
2 $121.2K$140K
+15.5%
3 $171K$200K
+17.0%
4 $178.5K$198K
+10.9%
5+ $160K$153K
-4.4%

Summary: 53404 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

53404
+13.1%
53402
+11.7%
53405
+3.8%
53403
+2.7%

Housing Supply in 53404, WI

How many homes are available in 53404, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4134-17.1%

Summary: The 53404 real estate market had 34 homes for sale in November 2024, a 17.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 1920
+5.3%
4 105
-50.0%
5+ 10
-100.0%

Summary: The 53404 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 18.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

4 Homes Were 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 53404, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 53404 in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.

Days on Market for 53404, 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 53404, WI

Nearby Markets to 53404, WI