Is 53811, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53811 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 53811 has remained a Seller's Market.

Key Takeaway

53811 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53811, WI

How much do homes in 53811, WI cost?

Median Sold Price

$159,900

$141/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$324,100(-67.0%)

Key Takeaway

Homes in 53811 have sold for 67% less than they did a month ago.

Summary: The median home sold price in 53811 was $159,900 in October 2024, down 67% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$159.9K
N/A
3 $310K$215K
-30.6%
4 $680K-
N/A
5+ $578K-
N/A

Summary: 53811 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53807
-65.0%
53811
-67.0%

Housing Supply in 53811, WI

How many homes are available in 53811, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
911+22.2%

Summary: The 53811 real estate market had 11 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 43
-25.0%
4 24
+100.0%
5+ 11
0.0%

Summary: The 53811 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53811, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 53811 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 53811, 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 21 Days Ago

Newest Listings in 53811, WI

Nearby Markets to 53811, WI