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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54124 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 54124 was a Seller's Market.

Key Takeaway

54124 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54124, WI

How much do homes in 54124, WI cost?

Median Sold Price

$190,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,250(+9.4%)

Key Takeaway

Homes in 54124 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 54124 was $190,000 in November 2024, up 9.4% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$150K
+20.0%
2 $168K$217.7K
+29.6%
3 $170K$170.4K
0.3%
4 $309.9K$233K
-24.8%
5+ $345K$262.5K
-23.9%

Summary: 54124 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes decreased by 23.9%.

Median Sold Price Compared To Nearby Zip Codes

54111
+34.2%
54154
+12.5%
54174
+10.1%
54124
+9.4%

Housing Supply in 54124, WI

How many homes are available in 54124, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
188-55.6%

Summary: The 54124 real estate market had 8 homes for sale in November 2024, a 55.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 134
-69.2%
4 33
0.0%
5+ 00
0.0%

Summary: The 54124 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 69.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
101-90.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54124, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 54124 in November 2024, down by 90.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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 21 Days Ago

Newest Listings in 54124, WI

Nearby Markets to 54124, WI