Is 54986, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54986 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 54986 was a Seller's Market.

Key Takeaway

54986 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 54986, WI

How much do homes in 54986, WI cost?

Median Sold Price

$352,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$51,000(+16.9%)

Key Takeaway

Homes in 54986 have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in 54986 was $352,000 in March 2024, up 16.9% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $125K-
N/A
2 $355K$300K
-15.5%
3 $301K$350K
+16.3%
4 $250K$560K
+124.0%
5+ $410K$2.7M
+568.0%

Summary: 54986 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 decreased by 15.5%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 124%, and 5+ bedroom homes increased by 568%.

Median Sold Price Compared To Nearby Zip Codes

54986
+16.9%
54947
+0.9%
54963
-2.0%

Housing Supply in 54986, WI

How many homes are available in 54986, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
913+44.4%

Summary: The 54986 real estate market had 13 homes for sale in March 2024, a 44.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 13
+200.0%
4 22
0.0%
5+ 22
0.0%

Summary: The 54986 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 50%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 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 54986, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 54986 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 54986, 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 27 Days Ago

Newest Listings in 54986, WI

Nearby Markets to 54986, WI