Is 54615, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54615 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 54615 was a Buyer's Market.

Key Takeaway

54615 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 54615, WI

How much do homes in 54615, WI cost?

Median Sold Price

$170,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$57,500(-25.3%)

Key Takeaway

Homes in 54615 have sold for 25.3% less than they did a year ago.

Summary: The median home sold price in 54615 was $170,000 in March 2024, down 25.3% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$88K
N/A
2 $229.5K$119.9K
-47.7%
3 $218.7K$185.7K
-15.1%
4 $235K$200K
-14.9%
5+ $350K$259.5K
-25.9%

Summary: 54615 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.7%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes decreased by 25.9%.

Housing Supply in 54615, WI

How many homes are available in 54615, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2128+33.3%

Summary: The 54615 real estate market had 28 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 1116
+45.5%
4 56
+20.0%
5+ 22
0.0%

Summary: The 54615 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54615, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54615 in March 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 54615, 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 18 Days Ago

Newest Listings in 54615, WI

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