Is 54751, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 54751 was a Seller's Market.
Key Takeaway
54751 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 54751, WI
How much do homes in 54751, WI cost?
Median Sold Price
$314,333
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 54751 have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in 54751 was $314,333 in March 2024, up 9.3% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89K | $50K | -43.8% |
| 2 Bedrooms | $190K | $199.9K | +5.2% |
| 3 Bedrooms | $269.9K | $270K | 0.0% |
| 4 Bedrooms | $339.3K | $355K | +4.6% |
| 5+ Bedrooms | $340K | $440K | +29.4% |
Summary: 54751 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.8%, 2 bedroom homes increased by 5.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 29.4%.
Housing Supply in 54751, WI
How many homes are available in 54751, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 88 | 104 | +18.2% |
Summary: The 54751 real estate market had 104 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 13 | 22 | +69.2% |
| 3 Bedrooms | 40 | 43 | +7.5% |
| 4 Bedrooms | 29 | 28 | -3.4% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 54751 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 69.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54751, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 54751 in March 2024, down by 27.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for 54751, WI
How long does it take to sell a home in 54751, WI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 77 Days | 101 Days | +29.9% |
Summary: Homes in 54751 had an average of 101 days on market in Mar 2024, up by 29.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 54751 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 13 homes were sold in 54751; 0% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
