Is 54016, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 54016 was a Seller's Market.
Key Takeaway
54016 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 54016, WI
How much do homes in 54016, WI cost?
Median Sold Price
$445,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 54016 has remained the same since last year.
Summary: The median home sold price in 54016 was $445,000 in April 2024, up 0.5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $216K | $164.9K | -23.7% |
| 2 Bedrooms | $285K | $322.2K | +13.1% |
| 3 Bedrooms | $410K | $405K | -1.2% |
| 4 Bedrooms | $490K | $512.3K | +4.6% |
| 5+ Bedrooms | $645K | $625K | -3.1% |
Summary: 54016 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.7%, 2 bedroom homes increased by 13.1%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in 54016, WI
How many homes are available in 54016, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 204 | 270 | +32.4% |
Summary: The 54016 real estate market had 270 homes for sale in April 2024, a 32.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 33 | 51 | +54.5% |
| 3 Bedrooms | 58 | 85 | +46.6% |
| 4 Bedrooms | 72 | 87 | +20.8% |
| 5+ Bedrooms | 39 | 45 | +15.4% |
Summary: The 54016 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 54.5%, 3 bedroom homes increased by 46.6%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54016, you may be able to get a good deal. 38.2% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 54016 in April 2024, down by 5.6% month-over-month. Of the 34 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.
Days on Market for 54016, WI
How long does it take to sell a home in 54016, WI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 103 Days | 64 Days | -38.2% |
Summary: Homes in 54016 had an average of 64 days on market in Apr 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 54016 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 34 homes were sold in 54016; 24% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
