Is 53716, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53716 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53716 has remained a Seller's Market.

Key Takeaway

53716 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53716, WI

How much do homes in 53716, WI cost?

Median Sold Price

$383,750

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,750(+3.4%)

Key Takeaway

Homes in 53716 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 53716 was $383,750 in November 2024, up 3.4% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $481K$245.5K
-49.0%
2 $301K$333K
+10.6%
3 $364.9K$388.5K
+6.5%
4 $420K$422.5K
+0.6%
5+ $434K$800K
+84.3%

Summary: 53716 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 84.3%.

Median Sold Price Compared To Nearby Zip Codes

53714
+8.2%
53718
+6.4%
53703
+5.6%
53716
+3.4%

Housing Supply in 53716, WI

How many homes are available in 53716, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5343-18.9%

Summary: The 53716 real estate market had 43 homes for sale in November 2024, a 18.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 3425
-26.5%
4 119
-18.2%
5+ 11
0.0%

Summary: The 53716 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 increased by 14.3%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1712-29.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53716, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 53716 in November 2024, down by 29.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.

Days on Market for 53716, 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 53716, WI

Nearby Markets to 53716, WI