Is 54904, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54904 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 54904 was a Seller's Market.

Key Takeaway

54904 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 54904, WI

How much do homes in 54904, WI cost?

Median Sold Price

$326,633

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,633(+14.2%)

Key Takeaway

Homes in 54904 have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in 54904 was $326,633 in March 2024, up 14.2% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $114.9K-
N/A
2 $236K$263.5K
+11.6%
3 $280K$310.5K
+10.9%
4 $338.7K$371K
+9.5%
5+ $525K$445K
-15.2%

Summary: 54904 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 15.2%.

Median Sold Price Compared To Nearby Zip Codes

54904
+14.2%
54902
+9.7%
54901
+7.9%
54963
-2.0%

Housing Supply in 54904, WI

How many homes are available in 54904, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5161+19.6%

Summary: The 54904 real estate market had 61 homes for sale in March 2024, a 19.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 2327
+17.4%
4 1317
+30.8%
5+ 33
0.0%

Summary: The 54904 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 16.7%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54904, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 54904 in March 2024, down by 47.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.

Days on Market for 54904, 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 22 Days Ago

Newest Listings in 54904, WI

Nearby Markets to 54904, WI