Is 53597, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53597 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 53597 was a Seller's Market.

Key Takeaway

53597 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 53597, WI

How much do homes in 53597, WI cost?

Median Sold Price

$585,000

$224/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$91,500(+18.5%)

Key Takeaway

Homes in 53597 have sold for 18.5% more than they did a month ago.

Summary: The median home sold price in 53597 was $585,000 in October 2024, up 18.5% from last month, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $167K-
N/A
3 $459.4K$427.4K
-7.0%
4 $662.5K$605.7K
-8.6%
5+ $596.9K$1.1M
+98.9%

Summary: 53597 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 7%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 98.9%.

Housing Supply in 53597, WI

How many homes are available in 53597, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8386+3.6%

Summary: The 53597 real estate market had 86 homes for sale in October 2024, a 3.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 3331
-6.1%
4 2927
-6.9%
5+ 1823
+27.8%

Summary: The 53597 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 66.7%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 27.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2213-40.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53597, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 53597 in October 2024, down by 40.9% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.

Days on Market for 53597, 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 53597, WI

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