Is 54901, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54901 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 54901 has remained a Seller's Market.

Key Takeaway

54901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54901, WI

How much do homes in 54901, WI cost?

Median Sold Price

$185,133

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$13,483(+7.9%)

Key Takeaway

Homes in 54901 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 54901 was $185,133 in March 2024, up 7.9% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $102K$161.5K
+58.3%
2 $147.5K$149.5K
+1.4%
3 $179.5K$195K
+8.6%
4 $212K$210K
-0.9%
5+ $200K$200K
0.0%

Summary: 54901 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.3%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54956
+14.9%
54904
+14.2%
54902
+9.7%
54901
+7.9%

Housing Supply in 54901, WI

How many homes are available in 54901, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7786+11.7%

Summary: The 54901 real estate market had 86 homes for sale in March 2024, a 11.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 46
+50.0%
2 2031
+55.0%
3 2930
+3.4%
4 2014
-30.0%
5+ 45
+25.0%

Summary: The 54901 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 55%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54901, you could pay more than the asking price. 65% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 54901 in March 2024, down by 13.0% month-over-month. Of the 20 sold homes, 15% were sold under asking, 20% were sold at asking, and 65% were sold over asking.

Days on Market for 54901, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in 54901, WI

Nearby Markets to 54901, WI