Is 54024, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54024 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 54024 has remained a Buyer's Market.

Key Takeaway

54024 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54024, WI

How much do homes in 54024, WI cost?

Median Sold Price

$315,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,500(-0.8%)

Key Takeaway

Homes in 54024 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 54024 was $315,000 in March 2024, down 0.8% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$230K
N/A
2 $317K$284.5K
-10.2%
3 $275K$315K
+14.5%
4 $365K$348K
-4.7%
5+ -$630K
N/A

Summary: 54024 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.2%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes did not change.

Housing Supply in 54024, WI

How many homes are available in 54024, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3234+6.3%

Summary: The 54024 real estate market had 34 homes for sale in March 2024, a 6.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2018
-10.0%
3 24
+100.0%
4 78
+14.3%
5+ 34
+33.3%

Summary: The 54024 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 decreased by 10%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54024, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 54024 in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 54024, WI

How long does it take to sell a home in 54024, WI?

Average Sale Time

Mar 2023Mar 2024CHANGE
79 Days15 Days-80.5%

Summary: Homes in 54024 had an average of 15 days on market in Mar 2024, down by 80.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54024 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 54024; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 15 Days Ago

Newest Listings in 54024, WI

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