Is 54023, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54023 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 54023 was a Buyer's Market.

Key Takeaway

54023 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54023, WI

How much do homes in 54023, WI cost?

Median Sold Price

$369,500

$196/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$119,500(+47.8%)

Key Takeaway

Homes in 54023 have sold for 47.8% more than they did a month ago.

Summary: The median home sold price in 54023 was $369,500 in November 2024, up 47.8% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $250K-
N/A
3 $395K$411.5K
+4.2%
4 -$369.5K
N/A
5+ -$950K
N/A

Summary: 54023 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 54023, WI

How many homes are available in 54023, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6059-1.7%

Summary: The 54023 real estate market had 59 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3330
-9.1%
4 2222
0.0%
5+ 35
+66.7%

Summary: The 54023 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54023, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 54023 in November 2024, up by 57.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 54023, WI

How long does it take to sell a home in 54023, WI?

Average Sale Time

Oct 2024Nov 2024CHANGE
26 Days94 Days+260.0%

Summary: Homes in 54023 had an average of 94 days on market in Nov 2024, up by 260% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54023 has remained consistent over time.

Summary: During November 2024, 11 homes were sold in 54023; 9% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 10 Days Ago

Newest Listings in 54023, WI

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