Is 54853, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54853 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 54853 was a Seller's Market.

Key Takeaway

54853 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54853, WI

How much do homes in 54853, WI cost?

Median Sold Price

$270,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,000(-3.6%)

Key Takeaway

Homes in 54853 have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in 54853 was $270,000 in April 2024, down 3.6% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $208.6K$77K
-63.1%
2 $243.5K$275K
+12.9%
3 $285K$280K
-1.8%
4 $400K$263.2K
-34.2%
5+ $698K$200K
-71.3%

Summary: 54853 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.1%, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 34.2%, and 5+ bedroom homes decreased by 71.3%.

Median Sold Price Compared To Nearby Zip Codes

54858
+11.4%
54853
-3.6%

Housing Supply in 54853, WI

How many homes are available in 54853, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1224+100.0%

Summary: The 54853 real estate market had 24 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 212
+500.0%
3 59
+80.0%
4 20
-100.0%
5+ 00
0.0%

Summary: The 54853 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 500%, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54853, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 54853 in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 54853, WI

How long does it take to sell a home in 54853, WI?

Average Sale Time

Apr 2023Apr 2024CHANGE
69 Days30 Days-56.7%

Summary: Homes in 54853 had an average of 30 days on market in Apr 2024, down by 56.7% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54853 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 54853; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 54853, WI

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