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 November 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 November 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 November 2024, up 5.3% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $178.5K$140K
-21.6%
2 $267.5K$272K
+1.7%
3 $361.6K$395K
+9.2%
4 $460K$473.4K
+2.9%
5+ $605K$672K
+11.1%

Summary: 54115 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.6%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

54155
+7.9%
54304
+7.7%
54301
+7.2%
54115
+5.3%
54180
+1.6%

Housing Supply in 54115, WI

How many homes are available in 54115, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
151130-13.9%

Summary: The 54115 real estate market had 130 homes for sale in November 2024, a 13.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1814
-22.2%
3 8074
-7.5%
4 3728
-24.3%
5+ 1413
-7.1%

Summary: The 54115 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4833-31.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

14 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. 42.4% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 54115 in November 2024, down by 31.3% month-over-month. Of the 33 sold homes, 42% were sold under asking, 15% were sold at asking, and 42% 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