Is 54021, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54021 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54021 has remained a Seller's Market.

Key Takeaway

54021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54021, WI

How much do homes in 54021, WI cost?

Median Sold Price

$380,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,000(-8.4%)

Key Takeaway

Homes in 54021 have sold for 8.4% less than they did a year ago.

Summary: The median home sold price in 54021 was $380,000 in October 2024, down 8.4% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $700K-
N/A
2 $299.9K$305K
+1.7%
3 $337.3K$332.5K
-1.4%
4 $442.5K$420K
-5.1%
5+ $694K$475K
-31.6%

Summary: 54021 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 1.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 31.6%.

Median Sold Price Compared To Nearby Zip Codes

54022
+3.5%
55033
+3.0%
54014
-5.3%
54021
-8.4%

Housing Supply in 54021, WI

How many homes are available in 54021, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5658+3.6%

Summary: The 54021 real estate market had 58 homes for sale in October 2024, a 3.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 96
-33.3%
3 1926
+36.8%
4 2424
0.0%
5+ 42
-50.0%

Summary: The 54021 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 33.3%, 3 bedroom homes increased by 36.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54021, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 54021 in October 2024, up by 40.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.

Days on Market for 54021, WI

How long does it take to sell a home in 54021, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days38 Days-1.2%

Summary: Homes in 54021 had an average of 38 days on market in Oct 2024, down by 1.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54021 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 54021; 36% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% 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 54021, WI

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