Is 53711, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53711 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53711 has remained a Seller's Market.

Key Takeaway

53711 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53711, WI

How much do homes in 53711, WI cost?

Median Sold Price

$444,502

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,502(+2.7%)

Key Takeaway

Homes in 53711 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 53711 was $444,502 in November 2024, up 2.7% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $206K$225K
+9.2%
2 $332.5K$352K
+5.9%
3 $415K$441.5K
+6.4%
4 $575K$572K
-0.5%
5+ $682K$716.5K
+5.1%

Summary: 53711 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Zip Codes

53726
+8.4%
53711
+2.7%

Housing Supply in 53711, WI

How many homes are available in 53711, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
177158-10.7%

Summary: The 53711 real estate market had 158 homes for sale in November 2024, a 10.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 3736
-2.7%
3 8182
+1.2%
4 4933
-32.7%
5+ 76
-14.3%

Summary: The 53711 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 32.7%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4548+6.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53711, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.

Summary: A total of 48 homes were sold or pending in 53711 in November 2024, up by 6.7% month-over-month. Of the 48 sold homes, 27% were sold under asking, 27% were sold at asking, and 46% were sold over asking.

Days on Market for 53711, 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 17 Days Ago

Newest Listings in 53711, WI

Nearby Markets to 53711, WI