Is 53531, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53531 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 53531 was a Seller's Market.

Key Takeaway

53531 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 53531, WI

How much do homes in 53531, WI cost?

Median Sold Price

$702,500

$277/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$231,516(+49.2%)

Key Takeaway

Homes in 53531 have sold for 49.2% more than they did a month ago.

Summary: The median home sold price in 53531 was $702,500 in November 2024, up 49.2% from last month, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$710K
N/A
3 $470.9K-
N/A
4 -$695K
N/A
5+ --
N/A

Summary: 53531 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53531
+49.2%
53523
+4.3%
53594
-10.0%

Housing Supply in 53531, WI

How many homes are available in 53531, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The 53531 real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 85
-37.5%
4 44
0.0%
5+ 00
0.0%

Summary: The 53531 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 increased by 50%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53531, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 53531 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 53531, 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 53531, WI

Nearby Markets to 53531, WI