Is 54874, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54874 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54874 has remained a Seller's Market.

Key Takeaway

54874 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54874, WI

How much do homes in 54874, WI cost?

Median Sold Price

$410,000

$181/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$80,000(+24.2%)

Key Takeaway

Homes in 54874 have sold for 24.2% more than they did a month ago.

Summary: The median home sold price in 54874 was $410,000 in March 2024, up 24.2% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$410K
N/A
3 $330K$330K
0.0%
4 --
N/A
5+ -$411K
N/A

Summary: 54874 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54849
+141.2%
54874
+24.2%
54880
-3.6%

Housing Supply in 54874, WI

How many homes are available in 54874, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1112+9.1%

Summary: The 54874 real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 66
0.0%
4 12
+100.0%
5+ 22
0.0%

Summary: The 54874 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54874, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 54874 in March 2024, up by 133.3% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 54874, WI

How long does it take to sell a home in 54874, WI?

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 54874 has remained consistent over time.

Summary: During March 2024, 7 homes were sold in 54874; 0% of homes were sold within 30 days, 14% 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 29 Days Ago

Newest Listings in 54874, WI

Nearby Markets to 54874, WI