53118 — Jefferson County, Wisconsin Market Snapshot
Housing market data for zip code 53118 in Jefferson County, Wisconsin. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$590,950
Days to Sell
36
Homes Sold
12
Inventory
12
Sale-to-List
102.3%
New Listings
16
Price/SqFt
$246
Pending Sales
18
Conforming Loan Available
Most homebuyers in 53118 can comfortably use conventional financing. The median home price of $590,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
53118's market is balanced with homes taking an average of 36 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes in 53118 are selling 2.3% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 53118 can comfortably use conventional financing. The median home price of $590,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 53118 are set at the county level.
2026 Loan Limits — Jefferson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 53118
To purchase the median home at $590,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,678.
Monthly Payment
$4,678
Income Required
$200,472
Principal & Interest
$3,641/mo
Down Payment (5%)
$29,548
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 53118.
Estimated Monthly Payment
$3,807
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