Is 54829, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54829 is a neutral's market

Buyer's
Market

Difference Since February 2023

Since last year, 54829 has remained a Neutral Market.

Key Takeaway

54829 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 54829, WI

How much do homes in 54829, WI cost?

Median Sold Price

$280,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$35,000(+14.3%)

Key Takeaway

Homes in 54829 have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in 54829 was $280,000 in February 2024, up 14.3% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$78.1K
N/A
2 $250K$249.9K
0%
3 $225K$281K
+24.9%
4 $299.9K$310K
+3.4%
5+ $260K$141.6K
-45.5%

Summary: 54829 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 24.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 45.5%.

Housing Supply in 54829, WI

How many homes are available in 54829, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2442+75.0%

Summary: The 54829 real estate market had 42 homes for sale in February 2024, a 75.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 111
+1000.0%
3 920
+122.2%
4 129
-25.0%
5+ 22
0.0%

Summary: The 54829 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1000%, 3 bedroom homes increased by 122.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54829, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 54829 in February 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for 54829, WI

How long does it take to sell a home in 54829, WI?

Average Sale Time

Feb 2023Feb 2024CHANGE
29 Days20 Days-30.5%

Summary: Homes in 54829 had an average of 20 days on market in Feb 2024, down by 30.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54829 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 7 homes were sold in 54829; 14% of homes were sold within 30 days, 14% 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 28 Days Ago

Newest Listings in 54829, WI

Nearby Markets to 54829, WI