Is 54014, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54014 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54014 was a Seller's Market.

Key Takeaway

54014 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 54014, WI

How much do homes in 54014, WI cost?

Median Sold Price

$310,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,500(-5.3%)

Key Takeaway

Homes in 54014 have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in 54014 was $310,000 in October 2024, down 5.3% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $206K$252K
+22.3%
3 $387K$312.5K
-19.3%
4 $312K$411.5K
+31.9%
5+ $499.5K$320K
-35.9%

Summary: 54014 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 22.3%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes increased by 31.9%, and 5+ bedroom homes decreased by 35.9%.

Median Sold Price Compared To Nearby Zip Codes

54011
+21.8%
55066
+12.7%
54014
-5.3%
55089
-21.4%

Housing Supply in 54014, WI

How many homes are available in 54014, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1614-12.5%

Summary: The 54014 real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1011
+10.0%
4 52
-60.0%
5+ 11
0.0%

Summary: The 54014 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 10%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 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 54014, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 54014 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 54014, WI

How long does it take to sell a home in 54014, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days41 Days-35.4%

Summary: Homes in 54014 had an average of 41 days on market in Oct 2024, down by 35.4% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 54014 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 54014; 0% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in 54014, WI

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