Is 53589, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53589 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 53589 has remained a Seller's Market.

Key Takeaway

53589 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53589, WI

How much do homes in 53589, WI cost?

Median Sold Price

$410,000

$220/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$20,000(+5.1%)

Key Takeaway

Homes in 53589 have sold for 5.1% more than they did a month ago.

Summary: The median home sold price in 53589 was $410,000 in November 2024, up 5.1% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $161K$165K
+2.5%
2 $255K$285K
+11.8%
3 $365K$410.5K
+12.5%
4 $527.8K$549.9K
+4.2%
5+ $564K-
N/A

Summary: 53589 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53534
+56.6%
53558
+22.0%
53589
+5.1%
53523
+4.3%

Housing Supply in 53589, WI

How many homes are available in 53589, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8979-11.2%

Summary: The 53589 real estate market had 79 homes for sale in November 2024, a 11.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 88
0.0%
3 4642
-8.7%
4 3126
-16.1%
5+ 21
-50.0%

Summary: The 53589 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 remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2819-32.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53589, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 53589 in November 2024, down by 32.1% month-over-month. Of the 19 sold homes, 53% were sold under asking, 16% were sold at asking, and 32% were sold over asking.

Days on Market for 53589, 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 53589, WI

Nearby Markets to 53589, WI