Is 54656, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54656 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 54656 has remained a Seller's Market.

Key Takeaway

54656 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54656, WI

How much do homes in 54656, WI cost?

Median Sold Price

$245,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+4.3%)

Key Takeaway

Homes in 54656 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 54656 was $245,000 in April 2024, up 4.3% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$90K
N/A
2 $169K$166K
-1.8%
3 $239.9K$205K
-14.5%
4 $252.5K$342K
+35.4%
5+ $293K$368.7K
+25.9%

Summary: 54656 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes increased by 25.9%.

Median Sold Price Compared To Nearby Zip Codes

54614
+21.7%
54660
+4.7%
54656
+4.3%

Housing Supply in 54656, WI

How many homes are available in 54656, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4361+41.9%

Summary: The 54656 real estate market had 61 homes for sale in April 2024, a 41.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 44
0.0%
3 1620
+25.0%
4 1629
+81.3%
5+ 67
+16.7%

Summary: The 54656 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 81.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
913+44.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54656, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 54656 in April 2024, up by 44.4% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.

Days on Market for 54656, WI

How long does it take to sell a home in 54656, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54656 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 13 homes were sold in 54656; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

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 54656, WI

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