Is 54208, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54208 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 54208 was a Seller's Market.

Key Takeaway

54208 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 54208, WI

How much do homes in 54208, WI cost?

Median Sold Price

$312,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$57,500(+22.6%)

Key Takeaway

Homes in 54208 have sold for 22.6% more than they did a year ago.

Summary: The median home sold price in 54208 was $312,000 in March 2024, up 22.6% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $156.9K$207.5K
+32.2%
3 $232K$381.2K
+64.3%
4 $421K$415K
-1.4%
5+ $190K$412.5K
+117.1%

Summary: 54208 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 increased by 32.2%, 3 bedroom homes increased by 64.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 117.1%.

Median Sold Price Compared To Nearby Zip Codes

54208
+22.6%
54311
+13.2%
54228
-12.8%

Housing Supply in 54208, WI

How many homes are available in 54208, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1213+8.3%

Summary: The 54208 real estate market had 13 homes for sale in March 2024, a 8.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 45
+25.0%
4 24
+100.0%
5+ 10
-100.0%

Summary: The 54208 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 20%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

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 54208, 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 54208 in March 2024, the same as the previous 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 54208, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 27 Days Ago

Newest Listings in 54208, WI

Nearby Markets to 54208, WI