Is 54162, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54162 is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, 54162 has remained a Neutral Market.

Key Takeaway

54162 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 54162, WI

How much do homes in 54162, WI cost?

Median Sold Price

$375,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+5.6%)

Key Takeaway

Homes in 54162 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 54162 was $375,000 in November 2024, up 5.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $172.5K$147.5K
-14.5%
3 $350.3K$372K
+6.2%
4 $358K$398K
+11.2%
5+ $524.9K$418K
-20.4%

Summary: 54162 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 20.4%.

Median Sold Price Compared To Nearby Zip Codes

54107
+13.8%
54162
+5.6%
54313
+5.2%

Housing Supply in 54162, WI

How many homes are available in 54162, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2120-4.8%

Summary: The 54162 real estate market had 20 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1716
-5.9%
4 33
0.0%
5+ 00
0.0%

Summary: The 54162 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was 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 54162, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 54162 in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 54162, 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 24 Days Ago

Newest Listings in 54162, WI

Nearby Markets to 54162, WI