Is 54121, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54121 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 54121 has remained a Neutral Market.

Key Takeaway

54121 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 54121, WI

How much do homes in 54121, WI cost?

Median Sold Price

$302,700

$280/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$203,750(+205.9%)

Key Takeaway

Homes in 54121 have sold for 205.9% more than they did a month ago.

Summary: The median home sold price in 54121 was $302,700 in November 2024, up 205.9% from last month, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $98.9K$335.5K
+239.1%
2 --
N/A
3 --
N/A
4 -$269.9K
N/A
5+ --
N/A

Summary: 54121 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 239.1%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54121
+205.9%
54125
-94.8%

Housing Supply in 54121, WI

How many homes are available in 54121, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The 54121 real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 11
0.0%
3 46
+50.0%
4 55
0.0%
5+ 00
0.0%

Summary: The 54121 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 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 54121, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 54121 in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 54121, WI

How long does it take to sell a home in 54121, WI?

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days7 Days-22.2%

Summary: Homes in 54121 had an average of 7 days on market in Nov 2024, down by 22.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54121 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 54121; 50% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in 54121, WI

Nearby Markets to 54121, WI