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 November 2023

At the same time last year, 54217 was a Seller's 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

$385,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$52,000(+15.6%)

Key Takeaway

Homes in 54217 have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in 54217 was $385,000 in November 2024, up 15.6% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$670K
N/A
2 $379.9K$338.9K
-10.8%
3 $338K$400K
+18.3%
4 $332K$437.5K
+31.8%
5+ $315K-
N/A

Summary: 54217 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 10.8%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54217
+15.6%
54229
+1.5%
54216
-7.3%
54205
-21.1%

Housing Supply in 54217, WI

How many homes are available in 54217, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1614-12.5%

Summary: The 54217 real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 87
-12.5%
4 33
0.0%
5+ 22
0.0%

Summary: The 54217 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54217, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 54217 in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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 17 Days Ago

Newest Listings in 54217, WI

Nearby Markets to 54217, WI