Is 54124, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54124 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54124 has remained a Seller's Market.

Key Takeaway

54124 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54124, WI

How much do homes in 54124, WI cost?

Median Sold Price

$194,950

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,950(+14.7%)

Key Takeaway

Homes in 54124 have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in 54124 was $194,950 in October 2024, up 14.7% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$150K
+20.0%
2 $172.7K$232.5K
+34.6%
3 $150K$170.4K
+13.6%
4 $354.9K$240K
-32.4%
5+ $345K$262.5K
-23.9%

Summary: 54124 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 34.6%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 32.4%, and 5+ bedroom homes decreased by 23.9%.

Median Sold Price Compared To Nearby Zip Codes

54124
+14.7%
54174
+10.1%
54135
+3.8%

Housing Supply in 54124, WI

How many homes are available in 54124, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1618+12.5%

Summary: The 54124 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 1213
+8.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The 54124 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 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54124, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 54124 in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.

Days on Market for 54124, 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 20 Days Ago

Newest Listings in 54124, WI

Nearby Markets to 54124, WI