Is 54738, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54738 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 54738 has remained a Buyer's Market.

Key Takeaway

54738 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54738, WI

How much do homes in 54738, WI cost?

Median Sold Price

$335,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$65,000(-16.3%)

Key Takeaway

Homes in 54738 have sold for 16.2% less than they did a year ago.

Summary: The median home sold price in 54738 was $335,000 in April 2024, down 16.3% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$115K
N/A
2 -$194.5K
N/A
3 $240K$307.5K
+28.1%
4 $275K$461K
+67.6%
5+ $645K$610.5K
-5.3%

Summary: 54738 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 67.6%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

54701
-2.2%
54738
-16.3%

Housing Supply in 54738, WI

How many homes are available in 54738, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2731+14.8%

Summary: The 54738 real estate market had 31 homes for sale in April 2024, a 14.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 77
0.0%
4 1011
+10.0%
5+ 811
+37.5%

Summary: The 54738 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54738, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54738 in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 54738, WI

How long does it take to sell a home in 54738, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54738 has remained consistent over time.

Summary: During April 2024, 4 homes were sold in 54738; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 18 Days Ago

Newest Listings in 54738, WI

Nearby Markets to 54738, WI