Is 54840, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 54840 has remained a Buyer's Market.
Key Takeaway
54840 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 54840, WI
How much do homes in 54840, WI cost?
Median Sold Price
$226,900
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 54840 have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in 54840 was $226,900 in March 2024, down 5.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $215K | +48.3% |
| 2 Bedrooms | $189K | $212.5K | +12.4% |
| 3 Bedrooms | $230K | $226.9K | -1.3% |
| 4 Bedrooms | $260K | $235.7K | -9.3% |
| 5+ Bedrooms | $405K | $355K | -12.3% |
Summary: 54840 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.3%, 2 bedroom homes increased by 12.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 12.3%.
Housing Supply in 54840, WI
How many homes are available in 54840, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 33 | -10.8% |
Summary: The 54840 real estate market had 33 homes for sale in March 2024, a 10.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 54840 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 11.8%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 2 | -77.8% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54840, 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 54840 in March 2024, down by 77.8% 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 54840, WI
How long does it take to sell a home in 54840, WI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 138 Days | 64 Days | -53.6% |
Summary: Homes in 54840 had an average of 64 days on market in Mar 2024, down by 53.6% compared to last year.
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 54840 has remained consistent over time.
Summary: During March 2024, 2 homes were sold in 54840; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
