Is 54011, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54011 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 54011 was a Neutral Market.

Key Takeaway

54011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54011, WI

How much do homes in 54011, WI cost?

Median Sold Price

$280,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,000(+4.1%)

Key Takeaway

Homes in 54011 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 54011 was $280,000 in April 2024, up 4.1% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $117.5K$175K
+48.9%
2 $195K$259.5K
+33.1%
3 $255K$270K
+5.9%
4 $315K$378.5K
+20.2%
5+ $371K-
N/A

Summary: 54011 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.9%, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes did not change.

Housing Supply in 54011, WI

How many homes are available in 54011, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
42420.0%

Summary: The 54011 real estate market had 42 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 2625
-3.8%
4 1413
-7.1%
5+ 22
0.0%

Summary: The 54011 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54011, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 54011 in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.

Days on Market for 54011, WI

How long does it take to sell a home in 54011, WI?

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days46 Days+14.3%

Summary: Homes in 54011 had an average of 46 days on market in Apr 2024, up by 14.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54011 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in 54011; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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