Is 54817, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54817 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 54817 has remained a Buyer's Market.

Key Takeaway

54817 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54817, WI

How much do homes in 54817, WI cost?

Median Sold Price

$415,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,500(+1.6%)

Key Takeaway

Homes in 54817 have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in 54817 was $415,000 in April 2024, up 1.6% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $455K$282.4K
-37.9%
2 $230.9K$250K
+8.2%
3 $465K$565K
+21.5%
4 $704K$324K
-54.0%
5+ $1.6M$565K
-65.5%

Summary: 54817 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.9%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 54%, and 5+ bedroom homes decreased by 65.5%.

Median Sold Price Compared To Nearby Zip Codes

54868
+12.0%
54817
+1.6%

Housing Supply in 54817, WI

How many homes are available in 54817, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4053+32.5%

Summary: The 54817 real estate market had 53 homes for sale in April 2024, a 32.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 1117
+54.5%
3 1320
+53.8%
4 77
0.0%
5+ 66
0.0%

Summary: The 54817 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 54.5%, 3 bedroom homes increased by 53.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54817, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 54817 in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 80% were sold at asking, and 20% were sold over asking.

Days on Market for 54817, WI

How long does it take to sell a home in 54817, WI?

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days7 Days-63.2%

Summary: Homes in 54817 had an average of 7 days on market in Apr 2024, down by 63.2% 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 54817 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 54817; 20% 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 4 Days Ago

Newest Listings in 54817, WI

Nearby Markets to 54817, WI