Is 54868, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54868 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 54868 was a Neutral Market.

Key Takeaway

54868 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54868, WI

How much do homes in 54868, WI cost?

Median Sold Price

$275,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,000(+7.8%)

Key Takeaway

Homes in 54868 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 54868 was $275,000 in March 2024, up 7.8% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135K$154.9K
+14.7%
2 $226.7K$216K
-4.7%
3 $240K$246K
+2.5%
4 $270K$290K
+7.4%
5+ $895K$375K
-58.1%

Summary: 54868 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 58.1%.

Median Sold Price Compared To Nearby Zip Codes

54868
+7.8%
54822
-16.4%

Housing Supply in 54868, WI

How many homes are available in 54868, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6575+15.4%

Summary: The 54868 real estate market had 75 homes for sale in March 2024, a 15.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 03
+100.0%
2 810
+25.0%
3 3035
+16.7%
4 2121
0.0%
5+ 66
0.0%

Summary: The 54868 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1320+53.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54868, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 54868 in March 2024, up by 53.8% month-over-month. Of the 20 sold homes, 60% were sold under asking, 15% were sold at asking, and 25% were sold over asking.

Days on Market for 54868, WI

How long does it take to sell a home in 54868, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 54868 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 20 homes were sold in 54868; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 15% 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 54868, WI

Nearby Markets to 54868, WI