Is 54843, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54843 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 54843 was a Buyer's Market.

Key Takeaway

54843 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54843, WI

How much do homes in 54843, WI cost?

Median Sold Price

$372,500

$189/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$122,500(+49.0%)

Key Takeaway

Homes in 54843 have sold for 49% more than they did a month ago.

Summary: The median home sold price in 54843 was $372,500 in March 2024, up 49% from last month, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$145K
N/A
2 $235K$290K
+23.4%
3 $467.4K$595K
+27.3%
4 $250K$439.9K
+76.0%
5+ -$521K
N/A

Summary: 54843 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 increased by 23.4%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 76%, and 5+ bedroom homes did not change.

Housing Supply in 54843, WI

How many homes are available in 54843, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8598+15.3%

Summary: The 54843 real estate market had 98 homes for sale in March 2024, a 15.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 45
+25.0%
2 2624
-7.7%
3 2839
+39.3%
4 1820
+11.1%
5+ 910
+11.1%

Summary: The 54843 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 39.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1120+81.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54843, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 54843 in March 2024, up by 81.8% month-over-month. Of the 20 sold homes, 45% were sold under asking, 25% were sold at asking, and 30% were sold over asking.

Days on Market for 54843, WI

How long does it take to sell a home in 54843, WI?

Average Sale Time

Feb 2024Mar 2024CHANGE
4 Days7 Days+75.0%

Summary: Homes in 54843 had an average of 7 days on market in Mar 2024, up by 75% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 54843 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 20 homes were sold in 54843; 10% 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 26 Days Ago

Newest Listings in 54843, WI

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