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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54001 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54001 has remained a Seller's Market.

Key Takeaway

54001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54001, WI

How much do homes in 54001, WI cost?

Median Sold Price

$325,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,500(+12.3%)

Key Takeaway

Homes in 54001 have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in 54001 was $325,000 in October 2024, up 12.3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $81.7K$207K
+153.3%
2 $285K$229.8K
-19.3%
3 $268.2K$330K
+23.0%
4 $360K$413.7K
+14.9%
5+ $635K$450K
-29.1%

Summary: 54001 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 153.3%, 2 bedroom homes decreased by 19.3%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 29.1%.

Median Sold Price Compared To Nearby Zip Codes

54001
+12.3%
54009
+4.0%
54810
-9.8%

Housing Supply in 54001, WI

How many homes are available in 54001, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9786-11.3%

Summary: The 54001 real estate market had 86 homes for sale in October 2024, a 11.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2116
-23.8%
3 3333
0.0%
4 3831
-18.4%
5+ 56
+20.0%

Summary: The 54001 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2125+19.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

9 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. 64% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 54001 in October 2024, up by 19.0% month-over-month. Of the 25 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% 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

Oct 2023Oct 2024CHANGE
30 Days46 Days+55.4%

Summary: Homes in 54001 had an average of 46 days on market in Oct 2024, up by 55.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 October 2024, 25 homes were sold in 54001; 16% of homes were sold within 30 days, 24% 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 4 Days Ago

Newest Listings in 54001, WI

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