Is 54235, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54235 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54235 has remained a Seller's Market.

Key Takeaway

54235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54235, WI

How much do homes in 54235, WI cost?

Median Sold Price

$447,950

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,950(+22.1%)

Key Takeaway

Homes in 54235 have sold for 22.1% more than they did a year ago.

Summary: The median home sold price in 54235 was $447,950 in October 2024, up 22.1% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $371.5K$128.5K
-65.4%
2 $354.7K$365K
+2.9%
3 $370.5K$474.5K
+28.1%
4 $359K$812.5K
+126.3%
5+ $1.1M$679.9K
-38.2%

Summary: 54235 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.4%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 126.3%, and 5+ bedroom homes decreased by 38.2%.

Median Sold Price Compared To Nearby Zip Codes

54235
+22.1%
54201
-10.0%

Housing Supply in 54235, WI

How many homes are available in 54235, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4441-6.8%

Summary: The 54235 real estate market had 41 homes for sale in October 2024, a 6.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 119
-18.2%
3 2019
-5.0%
4 98
-11.1%
5+ 34
+33.3%

Summary: The 54235 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 18.2%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54235, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 54235 in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.

Days on Market for 54235, 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 19 Days Ago

Newest Listings in 54235, WI

Nearby Markets to 54235, WI