Is 54859, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54859 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 54859 has remained a Buyer's Market.

Key Takeaway

54859 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54859, WI

How much do homes in 54859, WI cost?

Median Sold Price

$136,000

$111/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$8,500(-5.9%)

Key Takeaway

Homes in 54859 have sold for 5.9% less than they did a month ago.

Summary: The median home sold price in 54859 was $136,000 in March 2024, down 5.9% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $144.5K$136K
-5.9%
4 --
N/A
5+ --
N/A

Summary: 54859 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 5.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54838
+109.0%
54859
-5.9%

Housing Supply in 54859, WI

How many homes are available in 54859, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2126+23.8%

Summary: The 54859 real estate market had 26 homes for sale in March 2024, a 23.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 57
+40.0%
3 1012
+20.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The 54859 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 increased by 40%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 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 54859, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 54859 in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 54859, WI

How long does it take to sell a home in 54859, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 54859 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in 54859; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 25 Days Ago

Newest Listings in 54859, WI

Nearby Markets to 54859, WI