Is 54923, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54923 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 54923 has remained a Seller's Market.

Key Takeaway

54923 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54923, WI

How much do homes in 54923, WI cost?

Median Sold Price

$197,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,500(+18.3%)

Key Takeaway

Homes in 54923 have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in 54923 was $197,000 in April 2024, up 18.3% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$130K
N/A
2 $123.5K$135K
+9.3%
3 $169.9K$211.4K
+24.4%
4 $177.4K$176.5K
-0.5%
5+ $350K$321K
-8.3%

Summary: 54923 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 24.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Zip Codes

54923
+18.3%
54970
+15.4%
54963
-1.0%

Housing Supply in 54923, WI

How many homes are available in 54923, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4142+2.4%

Summary: The 54923 real estate market had 42 homes for sale in April 2024, a 2.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 88
0.0%
3 1819
+5.6%
4 1210
-16.7%
5+ 24
+100.0%

Summary: The 54923 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 remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54923, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 54923 in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for 54923, 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 9 Days Ago

Newest Listings in 54923, WI

Nearby Markets to 54923, WI