Is 54217, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54217 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 54217 has remained a Neutral Market.

Key Takeaway

54217 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 54217, WI

How much do homes in 54217, WI cost?

Median Sold Price

$387,500

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$52,500(+15.7%)

Key Takeaway

Homes in 54217 have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in 54217 was $387,500 in October 2024, up 15.7% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$670K
N/A
2 $289.9K$361K
+24.5%
3 $344K$400K
+16.3%
4 $329K$437.5K
+33.0%
5+ $372.5K$315K
-15.4%

Summary: 54217 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 increased by 24.5%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 33%, and 5+ bedroom homes decreased by 15.4%.

Median Sold Price Compared To Nearby Zip Codes

54217
+15.7%
54229
+3.0%
54216
-12.2%

Housing Supply in 54217, WI

How many homes are available in 54217, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1719+11.8%

Summary: The 54217 real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 1010
0.0%
4 24
+100.0%
5+ 12
+100.0%

Summary: The 54217 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

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 54217, 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 54217 in October 2024, the same as the previous 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 54217, 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 14 Days Ago

Newest Listings in 54217, WI

Nearby Markets to 54217, WI