Is 54229, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54229 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54229 has remained a Seller's Market.

Key Takeaway

54229 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54229, WI

How much do homes in 54229, WI cost?

Median Sold Price

$340,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+3.0%)

Key Takeaway

Homes in 54229 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 54229 was $340,000 in October 2024, up 3% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $261K$222.5K
-14.8%
3 $315K$356.8K
+13.3%
4 $340K$405K
+19.1%
5+ $357.4K$332.5K
-7.0%

Summary: 54229 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 14.8%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes decreased by 7%.

Median Sold Price Compared To Nearby Zip Codes

54217
+15.7%
54311
+11.4%
54229
+3.0%

Housing Supply in 54229, WI

How many homes are available in 54229, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
913+44.4%

Summary: The 54229 real estate market had 13 homes for sale in October 2024, a 44.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 47
+75.0%
4 02
+100.0%
5+ 22
0.0%

Summary: The 54229 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 increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54229, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 54229 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 54229, 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 54229, WI

Nearby Markets to 54229, WI