Is 54021, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54021 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 54021 was a Seller's Market.

Key Takeaway

54021 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 54021, WI

How much do homes in 54021, WI cost?

Median Sold Price

$381,500

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,488(+5.4%)

Key Takeaway

Homes in 54021 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 54021 was $381,500 in March 2024, up 5.4% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $630K$700K
+11.1%
2 $280K$299.9K
+7.1%
3 $356K$315.5K
-11.4%
4 $394.2K$441.2K
+11.9%
5+ $546K$799.9K
+46.5%

Summary: 54021 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 46.5%.

Median Sold Price Compared To Nearby Zip Codes

54022
+11.9%
55033
+5.7%
54021
+5.4%

Housing Supply in 54021, WI

How many homes are available in 54021, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5248-7.7%

Summary: The 54021 real estate market had 48 homes for sale in March 2024, a 7.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 2822
-21.4%
4 1315
+15.4%
5+ 43
-25.0%

Summary: The 54021 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54021, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 54021 in March 2024, down by 38.5% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 54021, WI

How long does it take to sell a home in 54021, WI?

Average Sale Time

Mar 2023Mar 2024CHANGE
166 Days51 Days-68.8%

Summary: Homes in 54021 had an average of 51 days on market in Mar 2024, down by 68.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54021 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 8 homes were sold in 54021; 25% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 29 Days Ago

Newest Listings in 54021, WI

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