Is 54837, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54837 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54837 has remained a Seller's Market.

Key Takeaway

54837 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54837, WI

How much do homes in 54837, WI cost?

Median Sold Price

$236,750

$148/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$158,250(-40.1%)

Key Takeaway

Homes in 54837 have sold for 40.1% less than they did a month ago.

Summary: The median home sold price in 54837 was $236,750 in March 2024, down 40.1% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $435K-
N/A
3 $249K$220K
-11.6%
4 -$253.5K
N/A
5+ $395K-
N/A

Summary: 54837 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 did not change, 3 bedroom homes decreased by 11.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 54837, WI

How many homes are available in 54837, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2321-8.7%

Summary: The 54837 real estate market had 21 homes for sale in March 2024, a 8.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 911
+22.2%
4 33
0.0%
5+ 42
-50.0%

Summary: The 54837 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 decreased by 28.6%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 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 54837, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54837 in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 54837, WI

How long does it take to sell a home in 54837, WI?

Average Sale Time

Feb 2024Mar 2024CHANGE
271 Days77 Days-71.5%

Summary: Homes in 54837 had an average of 77 days on market in Mar 2024, down by 71.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54837 has remained consistent over time.

Summary: During March 2024, 4 homes were sold in 54837; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 24 Days Ago

Newest Listings in 54837, WI

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