Is 54824, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54824 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54824 has remained a Seller's Market.

Key Takeaway

54824 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54824, WI

How much do homes in 54824, WI cost?

Median Sold Price

$283,000

$117/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$113,000(+66.5%)

Key Takeaway

Homes in 54824 have sold for 66.5% more than they did a month ago.

Summary: The median home sold price in 54824 was $283,000 in May 2024, up 66.5% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $170K-
N/A
3 $118.5K$283K
+138.8%
4 $1.4M-
N/A
5+ --
N/A

Summary: 54824 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 138.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 54824, WI

How many homes are available in 54824, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
149-35.7%

Summary: The 54824 real estate market had 9 homes for sale in May 2024, a 35.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 75
-28.6%
4 53
-40.0%
5+ 00
0.0%

Summary: The 54824 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54824, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 54824 in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 54824, WI

How long does it take to sell a home in 54824, WI?

Average Sale Time

Apr 2024May 2024CHANGE
39 Days5 Days-87.3%

Summary: Homes in 54824 had an average of 5 days on market in May 2024, down by 87.3% 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 54824 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in 54824; 50% 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 3 Days Ago

Newest Listings in 54824, WI

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