Is 54001, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54001 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 54001 was a Seller's Market.

Key Takeaway

54001 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 54001, WI

How much do homes in 54001, WI cost?

Median Sold Price

$316,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,000(+10.9%)

Key Takeaway

Homes in 54001 have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in 54001 was $316,000 in November 2024, up 10.9% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $121K$218.5K
+80.6%
2 $285K$230K
-19.3%
3 $266.5K$321K
+20.5%
4 $365K$417.5K
+14.4%
5+ $520K$450K
-13.5%

Summary: 54001 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.6%, 2 bedroom homes decreased by 19.3%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

54001
+10.9%
54810
+4.6%
54009
-10.1%

Housing Supply in 54001, WI

How many homes are available in 54001, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8483-1.2%

Summary: The 54001 real estate market had 83 homes for sale in November 2024, a 1.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 03
+100.0%
2 1616
0.0%
3 3328
-15.2%
4 3031
+3.3%
5+ 55
0.0%

Summary: The 54001 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2512-52.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54001, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 54001 in November 2024, down by 52.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for 54001, WI

How long does it take to sell a home in 54001, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days58 Days+87.5%

Summary: Homes in 54001 had an average of 58 days on market in Nov 2024, up by 87.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54001 has remained consistent over time.

Summary: During November 2024, 12 homes were sold in 54001; 8% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in 54001, WI

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