Is 54401, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54401 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54401 has remained a Seller's Market.

Key Takeaway

54401 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54401, WI

How much do homes in 54401, WI cost?

Median Sold Price

$176,000

$120/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$59,000(-25.1%)

Key Takeaway

Homes in 54401 have sold for 25.1% less than they did a month ago.

Summary: The median home sold price in 54401 was $176,000 in March 2024, down 25.1% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $122.4K$137.4K
+12.2%
3 $198K$190K
-4.0%
4 $382.5K$306K
-20.0%
5+ $371K-
N/A

Summary: 54401 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54448
+40.4%
54474
+23.1%
54401
-25.1%

Housing Supply in 54401, WI

How many homes are available in 54401, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5772+26.3%

Summary: The 54401 real estate market had 72 homes for sale in March 2024, a 26.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 2434
+41.7%
4 1924
+26.3%
5+ 54
-20.0%

Summary: The 54401 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 11.1%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1025+150.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54401, you could pay more than the asking price. 48% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 54401 in March 2024, up by 150.0% month-over-month. Of the 25 sold homes, 40% were sold under asking, 12% were sold at asking, and 48% were sold over asking.

Days on Market for 54401, 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 25 Days Ago

Newest Listings in 54401, WI

Nearby Markets to 54401, WI