Is 53561, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53561 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 53561 was a Seller's Market.

Key Takeaway

53561 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 53561, WI

How much do homes in 53561, WI cost?

Median Sold Price

$625,000

$291/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$244,500(+64.3%)

Key Takeaway

Homes in 53561 have sold for 64.3% more than they did a month ago.

Summary: The median home sold price in 53561 was $625,000 in October 2024, up 64.3% from last month, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$625K
N/A
3 $380.5K$679.9K
+78.7%
4 --
N/A
5+ --
N/A

Summary: 53561 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 increased by 78.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53561
+64.3%
53913
+19.7%
53955
+19.4%
53555
-0.4%
53578
-19.0%

Housing Supply in 53561, WI

How many homes are available in 53561, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The 53561 real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 108
-20.0%
4 34
+33.3%
5+ 23
+50.0%

Summary: The 53561 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 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53561, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 53561 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 53561, 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 21 Days Ago

Newest Listings in 53561, WI

Nearby Markets to 53561, WI