Is Belleville, WI 53508 a buyer’s or seller’s market?
Belleville is a seller’s market. With about 3 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 70% of U.S. ZIP codes, and #149 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Belleville housing market right now
In the three months ending August 31, 2026, 45% of homes in Belleville, WI 53508 sold above their list price, the typical home went under contract in 59 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 36%, homes sold faster (73 days then) and the median sale price rose 7% to $443,408. Overall, Belleville is more competitive than a year ago, so tougher for buyers.
Within Dane County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell more often over asking than in 81%. On our competition score, Belleville ranks #149 of 319 WI ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Blue Mounds 53517 (0% sold over asking) or Cross Plains 53528 (21% sold over asking), while Dane 53529 (67% sold over asking) and Madison 53715 (63% sold over asking) are even more competitive.
Run the numbers for 53508
Nearby markets
Black Earth 53515Balanced $218 /sq ftBlue Mounds 53517Buyer’s market $193 /sq ftCambridge 53523Buyer’s market $219 /sq ftCottage Grove 53527Seller’s market $238 /sq ft Browse all markets →Towns like Belleville nearby
Find towns like Belleville in other states →Where Belleville is
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Questions about Belleville real estate
Is Belleville a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Belleville, WI 53508 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Belleville?
The typical home went under contract in 59 days in the latest three months.
Do homes in Belleville sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.
What are property taxes in Belleville?
About 1.63% of a home’s value a year in Dane County, or roughly $6,520 on a $400,000 home.
What is the median home price in Belleville?
The median sale price was $443,408 in the three months ending August 31, 2026, about $230 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology