Is 54028, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54028 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54028 has remained a Seller's Market.

Key Takeaway

54028 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54028, WI

How much do homes in 54028, WI cost?

Median Sold Price

$311,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,000(+1.3%)

Key Takeaway

Homes in 54028 have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in 54028 was $311,000 in October 2024, up 1.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $640K-
N/A
2 $275K$182.5K
-33.6%
3 $307K$325K
+5.9%
4 $345K$308.5K
-10.6%
5+ $355K$265K
-25.4%

Summary: 54028 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 decreased by 33.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes decreased by 25.4%.

Median Sold Price Compared To Nearby Zip Codes

54767
+24.2%
54013
+3.9%
54002
+3.4%
54028
+1.3%

Housing Supply in 54028, WI

How many homes are available in 54028, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1618+12.5%

Summary: The 54028 real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1110
-9.1%
4 36
+100.0%
5+ 00
0.0%

Summary: The 54028 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 decreased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54028, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54028 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 54028, WI

How long does it take to sell a home in 54028, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days36 Days+12.5%

Summary: Homes in 54028 had an average of 36 days on market in Oct 2024, up by 12.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54028 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 54028; 25% of homes were sold within 30 days, 25% 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 54028, WI

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