Is 54880, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 54880 has remained a Seller's Market.
Key Takeaway
54880 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54880, WI
How much do homes in 54880, WI cost?
Median Sold Price
$201,500
$151/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 54880 have sold for 3.6% less than they did a month ago.
Summary: The median home sold price in 54880 was $201,500 in March 2024, down 3.6% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $224.9K | $155K | -31.1% |
| 3 Bedrooms | $180.5K | $215K | +19.1% |
| 4 Bedrooms | $257.5K | $337.5K | +31.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 54880 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 decreased by 31.1%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 54874 | $330K | $410K | +24.2% |
| 55807 | $210.4K | $216K | +2.6% |
| 54880 | $209K | $201.5K | -3.6% |
Housing Supply in 54880, WI
How many homes are available in 54880, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 76 | 83 | +9.2% |
Summary: The 54880 real estate market had 83 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 24 | +14.3% |
| 3 Bedrooms | 38 | 37 | -2.6% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 54880 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 14.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 37 | +105.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54880, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 54880 in March 2024, up by 105.6% month-over-month. Of the 36 sold homes, 47% were sold under asking, 19% were sold at asking, and 33% were sold over asking.
Days on Market for 54880, WI
How long does it take to sell a home in 54880, WI?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 57 Days | +58.1% |
Summary: Homes in 54880 had an average of 57 days on market in Mar 2024, up by 58.1% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 54880 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 37 homes were sold in 54880; 14% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
