Is 54006, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54006 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54006 has remained a Seller's Market.

Key Takeaway

54006 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54006, WI

How much do homes in 54006, WI cost?

Median Sold Price

$265,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,000(-4.7%)

Key Takeaway

Homes in 54006 have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in 54006 was $265,000 in October 2024, down 4.7% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $49.5K$150K
+203.0%
3 $278K$265K
-4.7%
4 $465K-
N/A
5+ -$275K
N/A

Summary: 54006 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 203%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54853
+11.7%
54840
+10.2%
54024
+1.9%
54006
-4.7%

Housing Supply in 54006, WI

How many homes are available in 54006, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
69+50.0%

Summary: The 54006 real estate market had 9 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 38
+166.7%
4 00
0.0%
5+ 20
-100.0%

Summary: The 54006 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 remained the same, 3 bedroom homes increased by 166.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54006, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 54006 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 54006, WI

How long does it take to sell a home in 54006, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days236 Days+2045.5%

Summary: Homes in 54006 had an average of 236 days on market in Oct 2024, up by 2045.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 54006 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in 54006; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 23 Days Ago

Newest Listings in 54006, WI

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