Is 53516, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53516 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 53516 was a Neutral Market.

Key Takeaway

53516 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53516, WI

How much do homes in 53516, WI cost?

Median Sold Price

$320,000

$148/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$199,950(-38.5%)

Key Takeaway

Homes in 53516 have sold for 38.5% less than they did a month ago.

Summary: The median home sold price in 53516 was $320,000 in October 2024, down 38.5% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $519.9K$280K
-46.1%
4 -$393.5K
N/A
5+ --
N/A

Summary: 53516 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 46.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53574
+109.3%
53504
+16.9%
53516
-38.5%
53530
-54.4%

Housing Supply in 53516, WI

How many homes are available in 53516, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1312-7.7%

Summary: The 53516 real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 86
-25.0%
4 45
+25.0%
5+ 11
0.0%

Summary: The 53516 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53516, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 53516 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 53516, 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 14 Days Ago

Newest Listings in 53516, WI

Nearby Markets to 53516, WI