Is 54870, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54870 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 54870 was a Seller's Market.

Key Takeaway

54870 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54870, WI

How much do homes in 54870, WI cost?

Median Sold Price

$350,000

$220/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$98,650(+39.2%)

Key Takeaway

Homes in 54870 have sold for 39.2% more than they did a month ago.

Summary: The median home sold price in 54870 was $350,000 in March 2024, up 39.2% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $50K$125K
+150.0%
2 $157.7K-
N/A
3 $670K-
N/A
4 -$575K
N/A
5+ $345K-
N/A

Summary: 54870 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 150%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54870
+39.2%
54817
-2.7%

Housing Supply in 54870, WI

How many homes are available in 54870, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1916-15.8%

Summary: The 54870 real estate market had 16 homes for sale in March 2024, a 15.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 31
-66.7%
3 1112
+9.1%
4 11
0.0%
5+ 21
-50.0%

Summary: The 54870 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54870, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 54870 in March 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 54870, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 27 Days Ago

Newest Listings in 54870, WI

Nearby Markets to 54870, WI