Is 53507, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53507 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 53507 has remained a Seller's Market.

Key Takeaway

53507 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53507, WI

How much do homes in 53507, WI cost?

Median Sold Price

$325,000

$227/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$15,000(-4.4%)

Key Takeaway

Homes in 53507 have sold for 4.4% less than they did a month ago.

Summary: The median home sold price in 53507 was $325,000 in November 2024, down 4.4% from last month, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $224.9K$276K
+22.7%
3 $340K$325K
-4.4%
4 $625K-
N/A
5+ --
N/A

Summary: 53507 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.7%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53517
-3.1%
53507
-4.4%
53572
-14.3%
53582
-31.9%

Housing Supply in 53507, WI

How many homes are available in 53507, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1714-17.6%

Summary: The 53507 real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1110
-9.1%
4 32
-33.3%
5+ 00
0.0%

Summary: The 53507 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 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53507, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 53507 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 53507, 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 53507, WI

Nearby Markets to 53507, WI