Is 53704, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53704 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 53704 has remained a Seller's Market.

Key Takeaway

53704 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53704, WI

How much do homes in 53704, WI cost?

Median Sold Price

$350,400

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,400(+6.2%)

Key Takeaway

Homes in 53704 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 53704 was $350,400 in December 2024, up 6.2% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $185K$180K
-2.7%
2 $260.5K$295K
+13.2%
3 $350K$375K
+7.1%
4 $392.5K$425K
+8.3%
5+ $532K$735K
+38.2%

Summary: 53704 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 38.2%.

Median Sold Price Compared To Nearby Zip Codes

53704
+6.2%
53718
+6.1%
53716
+2.6%

Housing Supply in 53704, WI

How many homes are available in 53704, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10585-19.0%

Summary: The 53704 real estate market had 85 homes for sale in December 2024, a 19.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 66
0.0%
2 3325
-24.2%
3 4738
-19.1%
4 1613
-18.8%
5+ 33
0.0%

Summary: The 53704 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 24.2%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3628-22.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53704, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 53704 in December 2024, down by 22.2% month-over-month. Of the 28 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.

Days on Market for 53704, 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 4 Days Ago

Newest Listings in 53704, WI

Nearby Markets to 53704, WI