Is 54002, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54002 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54002 has remained a Seller's Market.

Key Takeaway

54002 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54002, WI

How much do homes in 54002, WI cost?

Median Sold Price

$310,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+3.3%)

Key Takeaway

Homes in 54002 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 54002 was $310,000 in November 2024, up 3.3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $174.9K-
N/A
2 $285K$283K
-0.7%
3 $315K$280K
-11.1%
4 $360K$335K
-6.9%
5+ $347.5K$278K
-20.0%

Summary: 54002 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Zip Codes

54013
+31.0%
54767
+19.4%
54002
+3.3%
54028
+2.0%
54015
-2.7%

Housing Supply in 54002, WI

How many homes are available in 54002, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6665-1.5%

Summary: The 54002 real estate market had 65 homes for sale in November 2024, a 1.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2121
0.0%
3 1521
+40.0%
4 2720
-25.9%
5+ 33
0.0%

Summary: The 54002 housing inventory by bedroom type for November 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 40%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14140.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54002, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 54002 in November 2024, the same as the previous month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.

Days on Market for 54002, WI

How long does it take to sell a home in 54002, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days67 Days+156.3%

Summary: Homes in 54002 had an average of 67 days on market in Nov 2024, up by 156.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 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 54002 has remained consistent over time.

Summary: During November 2024, 14 homes were sold in 54002; 14% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% 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 21 Days Ago

Newest Listings in 54002, WI

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