Is 53805, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53805 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 53805 has remained a Seller's Market.

Key Takeaway

53805 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53805, WI

How much do homes in 53805, WI cost?

Median Sold Price

$175,250

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,250(+34.8%)

Key Takeaway

Homes in 53805 have sold for 34.8% more than they did a year ago.

Summary: The median home sold price in 53805 was $175,250 in November 2024, up 34.8% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $118K$149K
+26.3%
2 $147K$108.7K
-26.0%
3 $132K$225K
+70.5%
4 $158.9K$95K
-40.2%
5+ $130K$325K
+150.0%

Summary: 53805 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.3%, 2 bedroom homes decreased by 26%, 3 bedroom homes increased by 70.5%, 4 bedroom homes decreased by 40.2%, and 5+ bedroom homes increased by 150%.

Housing Supply in 53805, WI

How many homes are available in 53805, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The 53805 real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 77
0.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The 53805 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53805, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 53805 in November 2024, up by 600.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.

Days on Market for 53805, WI

How long does it take to sell a home in 53805, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 53805 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 53805; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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