Is 54981, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54981 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 54981 was a Seller's Market.

Key Takeaway

54981 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 54981, WI

How much do homes in 54981, WI cost?

Median Sold Price

$284,900

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$61,900(+27.8%)

Key Takeaway

Homes in 54981 have sold for 27.8% more than they did a year ago.

Summary: The median home sold price in 54981 was $284,900 in March 2024, up 27.8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $165K$157.2K
-4.7%
2 $171.9K$182.5K
+6.1%
3 $220K$279.9K
+27.3%
4 $309K$365K
+18.1%
5+ $350K$700K
+100.0%

Summary: 54981 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 100%.

Median Sold Price Compared To Nearby Zip Codes

54981
+27.8%
54983
+18.3%

Housing Supply in 54981, WI

How many homes are available in 54981, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
72720.0%

Summary: The 54981 real estate market had 72 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 3438
+11.8%
4 2016
-20.0%
5+ 77
0.0%

Summary: The 54981 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 remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54981, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 54981 in March 2024, down by 26.7% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.

Days on Market for 54981, 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 23 Days Ago

Newest Listings in 54981, WI

Nearby Markets to 54981, WI