Is 54017, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54017 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54017 has remained a Seller's Market.

Key Takeaway

54017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54017, WI

How much do homes in 54017, WI cost?

Median Sold Price

$365,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,833(+3.6%)

Key Takeaway

Homes in 54017 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 54017 was $365,000 in October 2024, up 3.6% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$174K
+2.4%
2 $274K$285K
+4.0%
3 $350K$350K
0.0%
4 $385K$440K
+14.3%
5+ $415K$500K
+20.5%

Summary: 54017 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 4%, 3 bedroom homes did not change, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20.5%.

Median Sold Price Compared To Nearby Zip Codes

54017
+3.6%
54025
+1.3%
54020
0.0%

Housing Supply in 54017, WI

How many homes are available in 54017, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
227255+12.3%

Summary: The 54017 real estate market had 255 homes for sale in October 2024, a 12.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3837
-2.6%
3 97109
+12.4%
4 7392
+26.0%
5+ 1917
-10.5%

Summary: The 54017 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 decreased by 2.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 26%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3847+23.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54017, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in 54017 in October 2024, up by 23.7% month-over-month. Of the 47 sold homes, 43% were sold under asking, 28% were sold at asking, and 30% were sold over asking.

Days on Market for 54017, WI

How long does it take to sell a home in 54017, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days42 Days-3.4%

Summary: Homes in 54017 had an average of 42 days on market in Oct 2024, down by 3.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

21 Homes Were 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 54017 has remained consistent over time.

Summary: During October 2024, 47 homes were sold in 54017; 17% of homes were sold within 30 days, 45% 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 54017, WI

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