Is 54893, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 54893 has remained a Seller's Market.
Key Takeaway
54893 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54893, WI
How much do homes in 54893, WI cost?
Median Sold Price
$287,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 54893 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 54893 was $287,500 in March 2024, up 3.4% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.2K | $188.7K | +29.1% |
| 2 Bedrooms | $205K | $270K | +31.7% |
| 3 Bedrooms | $290K | $325K | +12.1% |
| 4 Bedrooms | $575K | $340K | -40.9% |
| 5+ Bedrooms | $637.5K | $227.5K | -64.3% |
Summary: 54893 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.1%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 40.9%, and 5+ bedroom homes decreased by 64.3%.
Housing Supply in 54893, WI
How many homes are available in 54893, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The 54893 real estate market had 40 homes for sale in March 2024, a 2.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 54893 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54893, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 54893 in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 54893, WI
How long does it take to sell a home in 54893, WI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 96 Days | 98 Days | +1.6% |
Summary: Homes in 54893 had an average of 98 days on market in Mar 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 54893 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 8 homes were sold in 54893; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
