Is 54011, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54011 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54011 was a Seller's Market.

Key Takeaway

54011 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54011, WI

How much do homes in 54011, WI cost?

Median Sold Price

$320,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,300(+21.8%)

Key Takeaway

Homes in 54011 have sold for 21.8% more than they did a year ago.

Summary: The median home sold price in 54011 was $320,000 in October 2024, up 21.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $140K-
N/A
2 $195K$250K
+28.2%
3 $270K$265K
-1.9%
4 $295K$377.7K
+28.1%
5+ -$445K
N/A

Summary: 54011 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 28.2%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54011
+21.8%
54014
-5.3%

Housing Supply in 54011, WI

How many homes are available in 54011, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3639+8.3%

Summary: The 54011 real estate market had 39 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 53
-40.0%
3 1214
+16.7%
4 1314
+7.7%
5+ 66
0.0%

Summary: The 54011 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54011, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 54011 in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 54011, WI

How long does it take to sell a home in 54011, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days21 Days-16.7%

Summary: Homes in 54011 had an average of 21 days on market in Oct 2024, down by 16.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54011 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 54011; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 54011, WI

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