Is 54724, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54724 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54724 has remained a Seller's Market.

Key Takeaway

54724 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54724, WI

How much do homes in 54724, WI cost?

Median Sold Price

$458,500

$164/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$180,550(+65.0%)

Key Takeaway

Homes in 54724 have sold for 65% more than they did a month ago.

Summary: The median home sold price in 54724 was $458,500 in April 2024, up 65% from last month, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $175K-
N/A
3 $240K$487K
+102.9%
4 $555K-
N/A
5+ -$430K
N/A

Summary: 54724 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 102.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54724
+65.0%
54729
+28.1%
54732
+6.2%

Housing Supply in 54724, WI

How many homes are available in 54724, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2321-8.7%

Summary: The 54724 real estate market had 21 homes for sale in April 2024, a 8.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 98
-11.1%
4 74
-42.9%
5+ 25
+150.0%

Summary: The 54724 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 decreased by 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54724, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 54724 in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 54724, WI

How long does it take to sell a home in 54724, WI?

Average Sale Time

Mar 2024Apr 2024CHANGE
24 Days5 Days-79.2%

Summary: Homes in 54724 had an average of 5 days on market in Apr 2024, down by 79.2% compared to last month.

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 54724 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 54724; 25% 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 3 Days Ago

Newest Listings in 54724, WI

Nearby Markets to 54724, WI