Is 54701, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54701 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 54701 was a Buyer's Market.

Key Takeaway

54701 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 54701, WI

How much do homes in 54701, WI cost?

Median Sold Price

$300,000

$168/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$36,000(-10.7%)

Key Takeaway

Homes in 54701 have sold for 10.7% less than they did a month ago.

Summary: The median home sold price in 54701 was $300,000 in March 2024, down 10.7% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $189.9K-
N/A
2 $270K$186K
-31.1%
3 $383.4K$289.9K
-24.4%
4 $340K$430.5K
+26.6%
5+ $582.5K$674.1K
+15.7%

Summary: 54701 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 decreased by 31.1%, 3 bedroom homes decreased by 24.4%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 15.7%.

Median Sold Price Compared To Nearby Zip Codes

54742
+53.9%
54701
-10.7%

Housing Supply in 54701, WI

How many homes are available in 54701, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
106130+22.6%

Summary: The 54701 real estate market had 130 homes for sale in March 2024, a 22.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 1416
+14.3%
3 3846
+21.1%
4 3245
+40.6%
5+ 2123
+9.5%

Summary: The 54701 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 40.6%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1421+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54701, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 54701 in March 2024, up by 50.0% month-over-month. Of the 21 sold homes, 29% were sold under asking, 24% were sold at asking, and 48% were sold over asking.

Days on Market for 54701, 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 23 Days Ago

Newest Listings in 54701, WI

Nearby Markets to 54701, WI