Is 54720, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54720 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 54720 was a Seller's Market.

Key Takeaway

54720 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54720, WI

How much do homes in 54720, WI cost?

Median Sold Price

$310,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$55,000(+21.6%)

Key Takeaway

Homes in 54720 have sold for 21.6% more than they did a year ago.

Summary: The median home sold price in 54720 was $310,000 in April 2024, up 21.6% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $90K$124.9K
+38.8%
2 $270K$215K
-20.4%
3 $219.5K$315K
+43.5%
4 $303.3K$389.9K
+28.6%
5+ -$490K
N/A

Summary: 54720 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.8%, 2 bedroom homes decreased by 20.4%, 3 bedroom homes increased by 43.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54720
+21.6%
54701
-2.2%
54703
-2.3%

Housing Supply in 54720, WI

How many homes are available in 54720, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3239+21.9%

Summary: The 54720 real estate market had 39 homes for sale in April 2024, a 21.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 811
+37.5%
4 99
0.0%
5+ 78
+14.3%

Summary: The 54720 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 increased by 37.5%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54720, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 54720 in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 54720, 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 5 Days Ago

Newest Listings in 54720, WI

Nearby Markets to 54720, WI