$6,056 Closing Credit*
$510,000
2,087 SqFt
4 Beds
•2 Full Baths, 1 Partial
#1902127, Rottino Kuiper Real Estate Team*, Listing Office: Keller Williams-MNS Wauwatosa
Is 53406, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 53406 has remained a Seller's Market.
Key Takeaway
53406 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53406, WI
How much do homes in 53406, WI cost?
Median Sold Price
$289,900
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,900(+11.5%)
Key Takeaway
Homes in 53406 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 53406 was $289,900 in November 2024, up 11.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139K | $150K | +7.9% |
| 2 Bedrooms | $184K | $199.9K | +8.7% |
| 3 Bedrooms | $293K | $315K | +7.5% |
| 4 Bedrooms | $393K | $442.5K | +12.6% |
| 5+ Bedrooms | $405K | $490K | +21.0% |
Summary: 53406 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 21%.
Housing Supply in 53406, WI
How many homes are available in 53406, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 123 | 106 | -13.8% |
Summary: The 53406 real estate market had 106 homes for sale in November 2024, a 13.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 35 | 29 | -17.1% |
| 3 Bedrooms | 57 | 51 | -10.5% |
| 4 Bedrooms | 23 | 20 | -13.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 53406 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 43 | +4.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53406, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 53406 in November 2024, up by 4.9% month-over-month. Of the 43 sold homes, 40% were sold under asking, 23% were sold at asking, and 37% were sold over asking.
Days on Market for 53406, WI
We’re sorry, we don't have information for this market at the moment
