Is 54748, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54748 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 54748 has remained a Seller's Market.

Key Takeaway

54748 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54748, WI

How much do homes in 54748, WI cost?

Median Sold Price

$400,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$46,700(-10.5%)

Key Takeaway

Homes in 54748 have sold for 10.5% less than they did a year ago.

Summary: The median home sold price in 54748 was $400,000 in April 2024, down 10.5% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$375K
N/A
3 $165K$350.5K
+112.4%
4 $313.5K$700K
+123.3%
5+ $789.9K-
N/A

Summary: 54748 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 112.4%, 4 bedroom homes increased by 123.3%, and 5+ bedroom homes did not change.

Housing Supply in 54748, WI

How many homes are available in 54748, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
98-11.1%

Summary: The 54748 real estate market had 8 homes for sale in April 2024, a 11.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 54748 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54748, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 54748 in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 54748, WI

How long does it take to sell a home in 54748, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54748 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 54748; 0% of homes were sold within 30 days, 50% 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 54748, WI

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