Is 54114, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54114 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54114 was a Seller's Market.

Key Takeaway

54114 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 54114, WI

How much do homes in 54114, WI cost?

Median Sold Price

$208,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,450(-7.3%)

Key Takeaway

Homes in 54114 have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in 54114 was $208,000 in October 2024, down 7.3% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $231K$40K
-82.7%
2 $210.1K$195K
-7.2%
3 $200.4K$239.9K
+19.7%
4 $343.7K$346.5K
+0.8%
5+ $424.9K-
N/A

Summary: 54114 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 82.7%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54104
+13.9%
54177
+6.1%
54159
-6.7%
54114
-7.3%

Housing Supply in 54114, WI

How many homes are available in 54114, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4245+7.1%

Summary: The 54114 real estate market had 45 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2222
0.0%
3 1518
+20.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 54114 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54114, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 54114 in October 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for 54114, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 54114, WI

Nearby Markets to 54114, WI