Is 54728, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54728 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 54728 has remained a Seller's Market.

Key Takeaway

54728 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54728, WI

How much do homes in 54728, WI cost?

Median Sold Price

$260,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$60,500(-18.9%)

Key Takeaway

Homes in 54728 have sold for 18.9% less than they did a year ago.

Summary: The median home sold price in 54728 was $260,000 in April 2024, down 18.9% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $158K$145K
-8.2%
2 $258K$255.5K
-1.0%
3 $308K$292.4K
-5.0%
4 $399.9K$257.7K
-35.6%
5+ -$667K
N/A

Summary: 54728 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 35.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54757
+15.5%
54822
-9.1%
54728
-18.9%

Housing Supply in 54728, WI

How many homes are available in 54728, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3035+16.7%

Summary: The 54728 real estate market had 35 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 44
0.0%
2 1014
+40.0%
3 1010
0.0%
4 67
+16.7%
5+ 00
0.0%

Summary: The 54728 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 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
770.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54728, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 54728 in April 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for 54728, WI

How long does it take to sell a home in 54728, WI?

Average Sale Time

Apr 2023Apr 2024CHANGE
63 Days26 Days-58.7%

Summary: Homes in 54728 had an average of 26 days on market in Apr 2024, down by 58.7% compared to last year.

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 54728 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in 54728; 14% 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 1 Day Ago

Newest Listings in 54728, WI

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