Is 54806, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54806 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54806 has remained a Seller's Market.

Key Takeaway

54806 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54806, WI

How much do homes in 54806, WI cost?

Median Sold Price

$185,000

$126/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$30,000(-14.0%)

Key Takeaway

Homes in 54806 have sold for 14% less than they did a month ago.

Summary: The median home sold price in 54806 was $185,000 in March 2024, down 14% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $225K$325K
+44.4%
3 $172K$175K
+1.7%
4 $290K$201K
-30.7%
5+ --
N/A

Summary: 54806 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 30.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54806
-14.0%
54891
-72.0%

Housing Supply in 54806, WI

How many homes are available in 54806, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4547+4.4%

Summary: The 54806 real estate market had 47 homes for sale in March 2024, a 4.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 89
+12.5%
3 2526
+4.0%
4 87
-12.5%
5+ 23
+50.0%

Summary: The 54806 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54806, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 54806 in March 2024, down by 15.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 0% were sold at asking, and 55% were sold over asking.

Days on Market for 54806, WI

How long does it take to sell a home in 54806, WI?

Average Sale Time

Feb 2024Mar 2024CHANGE
20 Days4 Days-80.0%

Summary: Homes in 54806 had an average of 4 days on market in Mar 2024, down by 80% 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 54806 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 11 homes were sold in 54806; 9% 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 30 Days Ago

Newest Listings in 54806, WI

Nearby Markets to 54806, WI