$4,097 Closing Credit*
$345,000
2,436 SqFt
3 Beds
•2 Full Baths
#1990901, Colin Schindler, Listing Office: RE/MAX Ignite
Is 53511, 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, 53511 has remained a Seller's Market.
Key Takeaway
53511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 53511, WI
How much do homes in 53511, WI cost?
Median Sold Price
$191,509
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,175(+3.3%)
Key Takeaway
Homes in 53511 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 53511 was $191,509 in November 2024, up 3.3% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $75.2K | -20.8% |
| 2 Bedrooms | $136K | $146K | +7.4% |
| 3 Bedrooms | $210.5K | $205K | -2.6% |
| 4 Bedrooms | $230K | $226K | -1.7% |
| 5+ Bedrooms | $295K | $290K | -1.7% |
Summary: 53511 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Zip Codes
| 61080 | $195K | $216K | +10.8% |
| 53511 | $185.3K | $191.5K | +3.3% |
Housing Supply in 53511, WI
How many homes are available in 53511, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 185 | 175 | -5.4% |
Summary: The 53511 real estate market had 175 homes for sale in November 2024, a 5.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 41 | 39 | -4.9% |
| 3 Bedrooms | 102 | 91 | -10.8% |
| 4 Bedrooms | 30 | 35 | +16.7% |
| 5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The 53511 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 43 | -12.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 53511, you could pay more than the asking price. 58.1% of homes here sold above asking price last month.
Summary: A total of 43 homes were sold or pending in 53511 in November 2024, down by 12.2% month-over-month. Of the 43 sold homes, 21% were sold under asking, 21% were sold at asking, and 58% were sold over asking.
Days on Market for 53511, WI
We’re sorry, we don't have information for this market at the moment
