Is 54822, 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, 54822 was a Buyer's Market.
Key Takeaway
54822 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54822, WI
How much do homes in 54822, WI cost?
Median Sold Price
$242,500
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 54822 have sold for 16.4% less than they did a year ago.
Summary: The median home sold price in 54822 was $242,500 in March 2024, down 16.4% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $184.9K | N/A |
| 2 Bedrooms | $290K | $229.9K | -20.7% |
| 3 Bedrooms | $250K | $225K | -10.0% |
| 4 Bedrooms | $325K | $288.9K | -11.1% |
| 5+ Bedrooms | $325K | $302.5K | -6.9% |
Summary: 54822 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.7%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in 54822, WI
How many homes are available in 54822, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The 54822 real estate market had 29 homes for sale in March 2024, a 6.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 54822 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 10%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54822, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 54822 in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 54822, WI
How long does it take to sell a home in 54822, 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
Key Takeaway
Avg time on Rocket Homes in 54822 has remained consistent over time.
Summary: During March 2024, 6 homes were sold in 54822; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
