$9,143 Closing Credit*
$769,900
3,795 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker Realty
Is 54016, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 54016 has remained a Seller's Market.
Key Takeaway
54016 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54016, WI
How much do homes in 54016, WI cost?
Median Sold Price
$469,908
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,908(+4.4%)
Key Takeaway
Homes in 54016 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 54016 was $469,908 in October 2024, up 4.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $314.9K | $375K | +19.1% |
| 2 Bedrooms | $315K | $350K | +11.1% |
| 3 Bedrooms | $415K | $433.5K | +4.5% |
| 4 Bedrooms | $500K | $542.5K | +8.5% |
| 5+ Bedrooms | $610K | $657.5K | +7.8% |
Summary: 54016 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Zip Codes
| 54016 | $450K | $469.9K | +4.4% |
| 54025 | $375K | $380K | +1.3% |
| 55043 | $382K | $380K | -0.5% |
Housing Supply in 54016, WI
How many homes are available in 54016, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 262 | 290 | +10.7% |
Summary: The 54016 real estate market had 290 homes for sale in October 2024, a 10.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 55 | 53 | -3.6% |
| 3 Bedrooms | 89 | 100 | +12.4% |
| 4 Bedrooms | 79 | 92 | +16.5% |
| 5+ Bedrooms | 36 | 43 | +19.4% |
Summary: The 54016 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 19.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 57 | +50.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54016, you may be able to get a good deal. 38.6% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in 54016 in October 2024, up by 50.0% month-over-month. Of the 57 sold homes, 39% were sold under asking, 28% were sold at asking, and 33% were sold over asking.
Days on Market for 54016, WI
How long does it take to sell a home in 54016, WI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 45 Days | +8.1% |
Summary: Homes in 54016 had an average of 45 days on market in Oct 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 54016 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 57 homes were sold in 54016; 25% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
