Is 54304, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54304 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 54304 has remained a Seller's Market.

Key Takeaway

54304 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54304, WI

How much do homes in 54304, WI cost?

Median Sold Price

$250,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$25,150(+11.2%)

Key Takeaway

Homes in 54304 have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in 54304 was $250,000 in February 2024, up 11.2% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $110K$125K
+13.6%
2 $175.1K$195K
+11.4%
3 $227.5K$250K
+9.9%
4 $242K$283.5K
+17.1%
5+ $262.5K$307.5K
+17.1%

Summary: 54304 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Zip Codes

54115
+17.4%
54301
+12.1%
54304
+11.2%
54303
+5.9%
54313
+5.3%

Housing Supply in 54304, WI

How many homes are available in 54304, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5254+3.8%

Summary: The 54304 real estate market had 54 homes for sale in February 2024, a 3.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 1413
-7.1%
3 2828
0.0%
4 912
+33.3%
5+ 00
0.0%

Summary: The 54304 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2018-10.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54304, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 54304 in February 2024, down by 10.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 6% were sold at asking, and 67% were sold over asking.

Days on Market for 54304, 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 28 Days Ago

Newest Listings in 54304, WI

Nearby Markets to 54304, WI