Is 53405, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53405 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53405 has remained a Seller's Market.

Key Takeaway

53405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53405, WI

How much do homes in 53405, WI cost?

Median Sold Price

$199,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,246(+3.8%)

Key Takeaway

Homes in 53405 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 53405 was $199,000 in November 2024, up 3.8% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $107.2K$130K
+21.3%
2 $159.9K$171K
+6.9%
3 $195K$205K
+5.1%
4 $220K$247.5K
+12.5%
5+ $324.9K$295K
-9.2%

Summary: 53405 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 9.2%.

Median Sold Price Compared To Nearby Zip Codes

53404
+13.1%
53406
+11.5%
53405
+3.8%
53403
+2.7%

Housing Supply in 53405, WI

How many homes are available in 53405, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7987+10.1%

Summary: The 53405 real estate market had 87 homes for sale in November 2024, a 10.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1515
0.0%
3 4345
+4.7%
4 2024
+20.0%
5+ 13
+200.0%

Summary: The 53405 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 remained the same, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2232+45.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53405, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 53405 in November 2024, up by 45.5% month-over-month. Of the 32 sold homes, 44% were sold under asking, 22% were sold at asking, and 34% were sold over asking.

Days on Market for 53405, 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 53405, WI

Nearby Markets to 53405, WI