Is 54650, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54650 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 54650 has remained a Seller's Market.

Key Takeaway

54650 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54650, WI

How much do homes in 54650, WI cost?

Median Sold Price

$340,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$23,250(+7.3%)

Key Takeaway

Homes in 54650 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 54650 was $340,000 in March 2024, up 7.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $229.9K$260K
+13.1%
3 $272.2K$295K
+8.4%
4 $371K$378K
+1.9%
5+ $475K$662.5K
+39.5%

Summary: 54650 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 increased by 13.1%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 39.5%.

Median Sold Price Compared To Nearby Zip Codes

54669
+13.3%
54650
+7.3%
54601
+6.0%
54636
+5.7%
54603
+5.1%

Housing Supply in 54650, WI

How many homes are available in 54650, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3349+48.5%

Summary: The 54650 real estate market had 49 homes for sale in March 2024, a 48.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 1726
+52.9%
4 815
+87.5%
5+ 43
-25.0%

Summary: The 54650 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 52.9%, 4 bedroom homes increased by 87.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
614+133.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54650, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 54650 in March 2024, up by 133.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.

Days on Market for 54650, 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 30 Days Ago

Newest Listings in 54650, WI

Nearby Markets to 54650, WI