Is 54220, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 54220 has remained a Seller's Market.
Key Takeaway
54220 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54220, WI
How much do homes in 54220, WI cost?
Median Sold Price
$200,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 54220 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 54220 was $200,000 in April 2024, up 5.3% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115.5K | $106K | -8.2% |
| 2 Bedrooms | $146K | $170K | +16.4% |
| 3 Bedrooms | $191K | $203K | +6.3% |
| 4 Bedrooms | $232.9K | $221.9K | -4.7% |
| 5+ Bedrooms | $375.7K | $255K | -32.1% |
Summary: 54220 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 32.1%.
Median Sold Price Compared To Nearby Zip Codes
| 54241 | $155K | $165.3K | +6.7% |
| 54220 | $189.9K | $200K | +5.3% |
Housing Supply in 54220, WI
How many homes are available in 54220, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 88 | 84 | -4.5% |
Summary: The 54220 real estate market had 84 homes for sale in April 2024, a 4.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 44 | 41 | -6.8% |
| 4 Bedrooms | 22 | 25 | +13.6% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 54220 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 23 | -23.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54220, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 54220 in April 2024, down by 23.3% month-over-month. Of the 23 sold homes, 22% were sold under asking, 17% were sold at asking, and 61% were sold over asking.
Days on Market for 54220, WI
We’re sorry, we don't have information for this market at the moment
