Is 54302, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54302 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54302 has remained a Seller's Market.

Key Takeaway

54302 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54302, WI

How much do homes in 54302, WI cost?

Median Sold Price

$230,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,000(+6.0%)

Key Takeaway

Homes in 54302 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 54302 was $230,000 in October 2024, up 6% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $166.5K$163K
-2.1%
2 $172.4K$190K
+10.2%
3 $220K$250K
+13.6%
4 $290K$299.9K
+3.4%
5+ $360.5K$565K
+56.7%

Summary: 54302 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 56.7%.

Median Sold Price Compared To Nearby Zip Codes

54311
+11.4%
54303
+10.6%
54301
+6.1%
54302
+6.0%

Housing Supply in 54302, WI

How many homes are available in 54302, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4451+15.9%

Summary: The 54302 real estate market had 51 homes for sale in October 2024, a 15.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 2023
+15.0%
4 1213
+8.3%
5+ 01
+100.0%

Summary: The 54302 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 increased by 16.7%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54302, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 54302 in October 2024, down by 25.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.

Days on Market for 54302, 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 7 Days Ago

Newest Listings in 54302, WI

Nearby Markets to 54302, WI