Is 53575, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53575 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53575 has remained a Seller's Market.

Key Takeaway

53575 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53575, WI

How much do homes in 53575, WI cost?

Median Sold Price

$484,900

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+10.2%)

Key Takeaway

Homes in 53575 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 53575 was $484,900 in November 2024, up 10.2% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $245K$325K
+32.7%
3 $390K$415K
+6.4%
4 $543K$579.2K
+6.7%
5+ $760K$850K
+11.8%

Summary: 53575 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Zip Codes

53575
+10.2%
53711
+2.7%

Housing Supply in 53575, WI

How many homes are available in 53575, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7771-7.8%

Summary: The 53575 real estate market had 71 homes for sale in November 2024, a 7.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 73
-57.1%
3 4042
+5.0%
4 2320
-13.0%
5+ 76
-14.3%

Summary: The 53575 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 decreased by 57.1%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53575, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 53575 in November 2024, up by 13.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 53575, 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 53575, WI

Nearby Markets to 53575, WI