Is 53703, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53703 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 53703 has remained a Seller's Market.

Key Takeaway

53703 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53703, WI

How much do homes in 53703, WI cost?

Median Sold Price

$425,000

$403/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$85,000(-16.7%)

Key Takeaway

Homes in 53703 have sold for 16.7% less than they did a month ago.

Summary: The median home sold price in 53703 was $425,000 in December 2024, down 16.7% from last month, and the median price per square foot was $403.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $510K$338.5K
-33.6%
2 $422.5K$488.3K
+15.6%
3 $520K$305K
-41.3%
4 $595K-
N/A
5+ --
N/A

Summary: 53703 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 33.6%, 2 bedroom homes increased by 15.6%, 3 bedroom homes decreased by 41.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53715
-6.2%
53703
-16.7%

Housing Supply in 53703, WI

How many homes are available in 53703, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4536-20.0%

Summary: The 53703 real estate market had 36 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 1313
0.0%
2 1712
-29.4%
3 96
-33.3%
4 54
-20.0%
5+ 11
0.0%

Summary: The 53703 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer85%8%8%

Key Takeaway

If you're buying a home in 53703, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 53703 in December 2024, up by 18.2% month-over-month. Of the 13 sold homes, 85% were sold under asking, 8% were sold at asking, and 8% were sold over asking.

Days on Market for 53703, 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 10 Days Ago

Newest Listings in 53703, WI

Nearby Markets to 53703, WI