Is 53578, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53578 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 53578 was a Buyer's Market.

Key Takeaway

53578 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53578, WI

How much do homes in 53578, WI cost?

Median Sold Price

$316,000

$234/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$74,000(-19.0%)

Key Takeaway

Homes in 53578 have sold for 19% less than they did a month ago.

Summary: The median home sold price in 53578 was $316,000 in October 2024, down 19% from last month, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$316K
N/A
3 $390K$357.5K
-8.3%
4 -$453.9K
N/A
5+ --
N/A

Summary: 53578 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 decreased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53951
+143.6%
53561
+64.3%
53555
-0.4%
53583
-3.1%
53578
-19.0%

Housing Supply in 53578, WI

How many homes are available in 53578, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1727+58.8%

Summary: The 53578 real estate market had 27 homes for sale in October 2024, a 58.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 713
+85.7%
4 45
+25.0%
5+ 02
+100.0%

Summary: The 53578 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 increased by 16.7%, 3 bedroom homes increased by 85.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
19+800.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53578, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 53578 in October 2024, up by 800.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.

Days on Market for 53578, 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 23 Days Ago

Newest Listings in 53578, WI

Nearby Markets to 53578, WI