Is 53562, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53562 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 53562 has remained a Seller's Market.

Key Takeaway

53562 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53562, WI

How much do homes in 53562, WI cost?

Median Sold Price

$531,666

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,666(+3.2%)

Key Takeaway

Homes in 53562 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 53562 was $531,666 in October 2024, up 3.2% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $241K$262.2K
+8.8%
2 $258.7K$280K
+8.2%
3 $496.7K$513.5K
+3.4%
4 $662.3K$695K
+4.9%
5+ $972.5K$947.4K
-2.6%

Summary: 53562 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

53705
+9.9%
53717
+4.4%
53562
+3.2%

Housing Supply in 53562, WI

How many homes are available in 53562, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109102-6.4%

Summary: The 53562 real estate market had 102 homes for sale in October 2024, a 6.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 35
+66.7%
2 1516
+6.7%
3 4639
-15.2%
4 3432
-5.9%
5+ 1110
-9.1%

Summary: The 53562 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2526+4.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53562, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 53562 in October 2024, up by 4.0% month-over-month. Of the 26 sold homes, 58% were sold under asking, 8% were sold at asking, and 35% were sold over asking.

Days on Market for 53562, 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 16 Days Ago

Newest Listings in 53562, WI

Nearby Markets to 53562, WI