Is 53948, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 53948 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 53948 was a Buyer's Market.

Key Takeaway

53948 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 53948, WI

How much do homes in 53948, WI cost?

Median Sold Price

$209,950

$111/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$29,950(+16.6%)

Key Takeaway

Homes in 53948 have sold for 16.6% more than they did a month ago.

Summary: The median home sold price in 53948 was $209,950 in November 2024, up 16.6% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $180K-
N/A
3 $105K$209.9K
+100.0%
4 --
N/A
5+ $225K-
N/A

Summary: 53948 housing prices by bedroom type for November 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 increased by 100%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

53929
+27.1%
53948
+16.6%
53950
-15.6%
53944
-30.5%

Housing Supply in 53948, WI

How many homes are available in 53948, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3033+10.0%

Summary: The 53948 real estate market had 33 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1820
+11.1%
4 35
+66.7%
5+ 21
-50.0%

Summary: The 53948 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 53948, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 53948 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for 53948, 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 18 Days Ago

Newest Listings in 53948, WI

Nearby Markets to 53948, WI