Is 54020, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54020 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 54020 has remained a Neutral Market.

Key Takeaway

54020 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 54020, WI

How much do homes in 54020, WI cost?

Median Sold Price

$325,000

$182/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in 54020 has remained the same since last year.

Summary: The median home sold price in 54020 was $325,000 in October 2024, the same as last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $276K$387K
+40.2%
2 $299K$295.4K
-1.2%
3 $310K$315K
+1.6%
4 $355K$385K
+8.5%
5+ $425K$735K
+72.9%

Summary: 54020 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.2%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 72.9%.

Median Sold Price Compared To Nearby Zip Codes

54009
+4.0%
54020
0.0%

Housing Supply in 54020, WI

How many homes are available in 54020, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9199+8.8%

Summary: The 54020 real estate market had 99 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3232
0.0%
3 3637
+2.8%
4 2025
+25.0%
5+ 35
+66.7%

Summary: The 54020 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 2.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1316+23.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54020, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 54020 in October 2024, up by 23.1% month-over-month. Of the 16 sold homes, 56% were sold under asking, 38% were sold at asking, and 6% were sold over asking.

Days on Market for 54020, WI

How long does it take to sell a home in 54020, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days45 Days+83.4%

Summary: Homes in 54020 had an average of 45 days on market in Oct 2024, up by 83.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 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 54020 has remained consistent over time.

Summary: During October 2024, 16 homes were sold in 54020; 13% of homes were sold within 30 days, 44% 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 20 Days Ago

Newest Listings in 54020, WI

Nearby Markets to 54020, WI