Is 53548, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53548 is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, 53548 has remained a Seller's Market.

Key Takeaway

53548 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53548, WI

How much do homes in 53548, WI cost?

Median Sold Price

$255,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,000(+10.9%)

Key Takeaway

Homes in 53548 have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in 53548 was $255,000 in September 2024, up 10.9% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $118.7K$110K
-7.4%
2 $170K$180K
+5.9%
3 $235K$260K
+10.6%
4 $350K$300K
-14.3%
5+ $265K$270.9K
+2.2%

Summary: 53548 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Zip Codes

53548
+10.9%
53545
+4.2%

Housing Supply in 53548, WI

How many homes are available in 53548, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6573+12.3%

Summary: The 53548 real estate market had 73 homes for sale in September 2024, a 12.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 1322
+69.2%
3 3332
-3.0%
4 1415
+7.1%
5+ 44
0.0%

Summary: The 53548 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 69.2%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1623+43.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53548, you could pay more than the asking price. 52.2% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in 53548 in September 2024, up by 43.8% month-over-month. Of the 23 sold homes, 30% were sold under asking, 17% were sold at asking, and 52% were sold over asking.

Days on Market for 53548, 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 29 Days Ago

Newest Listings in 53548, WI

Nearby Markets to 53548, WI