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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54162 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54162 has remained a Seller's Market.

Key Takeaway

54162 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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 October 2023

+$17,000(+4.7%)

Key Takeaway

Homes in 54162 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 54162 was $375,000 in October 2024, up 4.7% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $195K$150K
-23.1%
3 $355K$373.5K
+5.2%
4 $358K$385K
+7.5%
5+ $524.9K$418K
-20.4%

Summary: 54162 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 20.4%.

Median Sold Price Compared To Nearby Zip Codes

54107
+29.9%
54313
+6.3%
54162
+4.7%

Housing Supply in 54162, WI

How many homes are available in 54162, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2221-4.5%

Summary: The 54162 real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1417
+21.4%
4 73
-57.1%
5+ 10
-100.0%

Summary: The 54162 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 increased by 100%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

2 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 54162, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 54162 in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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 7 Days Ago

Newest Listings in 54162, WI

Nearby Markets to 54162, WI