Is 54205, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54205 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54205 has remained a Seller's Market.

Key Takeaway

54205 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54205, WI

How much do homes in 54205, WI cost?

Median Sold Price

$280,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$75,000(-21.1%)

Key Takeaway

Homes in 54205 have sold for 21.1% less than they did a year ago.

Summary: The median home sold price in 54205 was $280,000 in November 2024, down 21.1% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$194.5K
N/A
3 $367.5K$350K
-4.8%
4 -$320K
N/A
5+ $65K-
N/A

Summary: 54205 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 did not change, 3 bedroom homes decreased by 4.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54217
+15.6%
54201
+9.0%
54216
-7.3%
54205
-21.1%

Housing Supply in 54205, WI

How many homes are available in 54205, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The 54205 real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 54205 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 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 54205, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 54205 in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 54205, 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 17 Days Ago

Newest Listings in 54205, WI

Nearby Markets to 54205, WI