Is 53916, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53916 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 53916 has remained a Seller's Market.

Key Takeaway

53916 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53916, WI

How much do homes in 53916, WI cost?

Median Sold Price

$239,000

$154/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$17,500(-6.8%)

Key Takeaway

Homes in 53916 have sold for 6.8% less than they did a month ago.

Summary: The median home sold price in 53916 was $239,000 in October 2024, down 6.8% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $184.5K$235K
+27.4%
3 $260K$260K
0.0%
4 $525K$203.7K
-61.2%
5+ -$466K
N/A

Summary: 53916 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 increased by 27.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 61.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53916
-6.8%
53557
-18.2%
53933
-43.5%

Housing Supply in 53916, WI

How many homes are available in 53916, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7188+23.9%

Summary: The 53916 real estate market had 88 homes for sale in October 2024, a 23.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1417
+21.4%
3 3846
+21.1%
4 1722
+29.4%
5+ 23
+50.0%

Summary: The 53916 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 21.4%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1215+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53916, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in 53916 in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.

Days on Market for 53916, 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 53916, WI

Nearby Markets to 53916, WI