Is 54872, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54872 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 54872 has remained a Seller's Market.

Key Takeaway

54872 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54872, WI

How much do homes in 54872, WI cost?

Median Sold Price

$220,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$69,500(-24.0%)

Key Takeaway

Homes in 54872 have sold for 24% less than they did a year ago.

Summary: The median home sold price in 54872 was $220,000 in April 2024, down 24% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $159.5K$45K
-71.8%
2 $309.5K$287.5K
-7.1%
3 $320K$200K
-37.5%
4 $235K$341.5K
+45.3%
5+ -$330K
N/A

Summary: 54872 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.8%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 45.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54893
+3.8%
54840
-6.9%
54872
-24.0%

Housing Supply in 54872, WI

How many homes are available in 54872, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1719+11.8%

Summary: The 54872 real estate market had 19 homes for sale in April 2024, a 11.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 44
0.0%
3 59
+80.0%
4 31
-66.7%
5+ 44
0.0%

Summary: The 54872 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 remained the same, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54872, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54872 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 54872, WI

How long does it take to sell a home in 54872, WI?

Average Sale Time

Apr 2023Apr 2024CHANGE
128 Days85 Days-33.2%

Summary: Homes in 54872 had an average of 85 days on market in Apr 2024, down by 33.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54872 has remained consistent over time.

Summary: During April 2024, 4 homes were sold in 54872; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

Newest Listings in 54872, WI

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