Is 54247, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54247 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 54247 has remained a Seller's Market.

Key Takeaway

54247 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54247, WI

How much do homes in 54247, WI cost?

Median Sold Price

$271,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,550(+6.1%)

Key Takeaway

Homes in 54247 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 54247 was $271,000 in December 2024, up 6.1% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$204K
N/A
3 $339.9K$340K
0.0%
4 $160K$272K
+70.0%
5+ -$293K
N/A

Summary: 54247 housing prices by bedroom type for December 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 did not change, 4 bedroom homes increased by 70%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54241
+18.6%
54220
+9.1%
54247
+6.1%

Housing Supply in 54247, WI

How many homes are available in 54247, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
11110.0%

Summary: The 54247 real estate market had 11 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 99
0.0%
4 01
+100.0%
5+ 10
-100.0%

Summary: The 54247 housing inventory by bedroom type for December 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 increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54247, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 54247 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 54247, 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 2 Days Ago

Newest Listings in 54247, WI

Nearby Markets to 54247, WI