Is 54115, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54115 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54115 has remained a Seller's Market.

Key Takeaway

54115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54115, WI

How much do homes in 54115, WI cost?

Median Sold Price

$400,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,027(+5.3%)

Key Takeaway

Homes in 54115 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 54115 was $400,000 in October 2024, up 5.3% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $197K$140K
-28.9%
2 $256K$278.5K
+8.8%
3 $359K$396.6K
+10.5%
4 $460K$484.9K
+5.4%
5+ $625K$649.9K
+4.0%

Summary: 54115 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.9%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Zip Codes

54180
+9.3%
54304
+8.3%
54301
+6.1%
54115
+5.3%
54155
+5.1%

Housing Supply in 54115, WI

How many homes are available in 54115, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
154161+4.5%

Summary: The 54115 real estate market had 161 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2018
-10.0%
3 8486
+2.4%
4 3640
+11.1%
5+ 1215
+25.0%

Summary: The 54115 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 10%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4043+7.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54115, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in 54115 in October 2024, up by 7.5% month-over-month. Of the 43 sold homes, 44% were sold under asking, 16% were sold at asking, and 40% were sold over asking.

Days on Market for 54115, 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 22 Days Ago

Newest Listings in 54115, WI

Nearby Markets to 54115, WI