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 November 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

$536,166

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,166(+6.2%)

Key Takeaway

Homes in 53562 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 53562 was $536,166 in November 2024, up 6.2% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $272.4K$221.2K
-18.8%
2 $272K$281K
+3.3%
3 $478.9K$516.2K
+7.8%
4 $662.5K$677.4K
+2.3%
5+ $983.3K$947.4K
-3.7%

Summary: 53562 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

53705
+9.8%
53528
+6.5%
53562
+6.2%
53717
+3.2%
53597
+1.3%

Housing Supply in 53562, WI

How many homes are available in 53562, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10083-17.0%

Summary: The 53562 real estate market had 83 homes for sale in November 2024, a 17.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 1616
0.0%
3 3834
-10.5%
4 3223
-28.1%
5+ 107
-30.0%

Summary: The 53562 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 28.1%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2723-14.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 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. 39.1% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 53562 in November 2024, down by 14.8% month-over-month. Of the 23 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% 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 17 Days Ago

Newest Listings in 53562, WI

Nearby Markets to 53562, WI