Is 54703, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54703 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 54703 was a Buyer's Market.

Key Takeaway

54703 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 54703, WI

How much do homes in 54703, WI cost?

Median Sold Price

$266,233

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,233(+0.8%)

Key Takeaway

Homes in 54703 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 54703 was $266,233 in March 2024, up 0.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$109K
N/A
2 $190K$195K
+2.6%
3 $215K$272K
+26.5%
4 $375K$326K
-13.1%
5+ $394.5K$330K
-16.3%

Summary: 54703 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 2.6%, 3 bedroom homes increased by 26.5%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes decreased by 16.3%.

Median Sold Price Compared To Nearby Zip Codes

54720
+16.2%
54703
+0.8%

Housing Supply in 54703, WI

How many homes are available in 54703, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
115135+17.4%

Summary: The 54703 real estate market had 135 homes for sale in March 2024, a 17.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 42
-50.0%
2 1923
+21.1%
3 5163
+23.5%
4 3134
+9.7%
5+ 1013
+30.0%

Summary: The 54703 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 30%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2621-19.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54703, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 54703 in March 2024, down by 19.2% month-over-month. Of the 21 sold homes, 43% were sold under asking, 19% were sold at asking, and 38% were sold over asking.

Days on Market for 54703, WI

How long does it take to sell a home in 54703, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54703 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 21 homes were sold in 54703; 5% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

Newest Listings in 54703, WI

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