Is 54603, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54603 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 54603 has remained a Seller's Market.

Key Takeaway

54603 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54603, WI

How much do homes in 54603, WI cost?

Median Sold Price

$208,500

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,600(+4.3%)

Key Takeaway

Homes in 54603 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 54603 was $208,500 in April 2024, up 4.3% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $87.5K$124K
+41.7%
2 $170K$193.5K
+13.8%
3 $199.9K$221.1K
+10.6%
4 $246K$231K
-6.1%
5+ $231K$227.3K
-1.6%

Summary: 54603 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

54650
+13.6%
54601
+5.7%
54603
+4.3%

Housing Supply in 54603, WI

How many homes are available in 54603, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2829+3.6%

Summary: The 54603 real estate market had 29 homes for sale in April 2024, a 3.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 77
0.0%
3 1515
0.0%
4 57
+40.0%
5+ 00
0.0%

Summary: The 54603 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

3 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 54603, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 54603 in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for 54603, 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 4 Days Ago

Newest Listings in 54603, WI

Nearby Markets to 54603, WI