Is 54880, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 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
$198,700
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 54880 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 54880 was $198,700 in April 2024, up 8.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.5K | $148K | +35.2% |
| 2 Bedrooms | $158K | $173.7K | +9.9% |
| 3 Bedrooms | $207K | $215K | +3.9% |
| 4 Bedrooms | $252.5K | $250K | -1.0% |
| 5+ Bedrooms | $915K | $246.5K | -73.1% |
Summary: 54880 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.2%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 73.1%.
Housing Supply in 54880, WI
How many homes are available in 54880, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 81 | 81 | 0.0% |
Summary: The 54880 real estate market had 81 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 24 | 18 | -25.0% |
| 3 Bedrooms | 37 | 43 | +16.2% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 54880 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 decreased by 25%, 3 bedroom homes increased by 16.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 18 | -52.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54880, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 54880 in April 2024, down by 52.6% month-over-month. Of the 15 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 5 Days | -66.7% |
Summary: Homes in 54880 had an average of 5 days on market in Apr 2024, down by 66.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 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 April 2024, 18 homes were sold in 54880; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
