Is 54481, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54481 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54481 has remained a Seller's Market.

Key Takeaway

54481 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54481, WI

How much do homes in 54481, WI cost?

Median Sold Price

$220,000

$131/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$40,000(+22.2%)

Key Takeaway

Homes in 54481 have sold for 22.2% more than they did a month ago.

Summary: The median home sold price in 54481 was $220,000 in March 2024, up 22.2% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $171.4K$174K
+1.5%
3 $205K$220K
+7.3%
4 $230K$342K
+48.7%
5+ -$360K
N/A

Summary: 54481 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 1.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 48.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54482
+23.8%
54481
+22.2%
54467
-22.8%

Housing Supply in 54481, WI

How many homes are available in 54481, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4446+4.5%

Summary: The 54481 real estate market had 46 homes for sale in March 2024, a 4.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 1918
-5.3%
4 910
+11.1%
5+ 56
+20.0%

Summary: The 54481 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 9.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54481, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 54481 in March 2024, up by 33.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.

Days on Market for 54481, 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 22 Days Ago

Newest Listings in 54481, WI

Nearby Markets to 54481, WI