Is 54311, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54311 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54311 has remained a Seller's Market.

Key Takeaway

54311 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54311, WI

How much do homes in 54311, WI cost?

Median Sold Price

$394,684

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,684(+12.8%)

Key Takeaway

Homes in 54311 have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in 54311 was $394,684 in November 2024, up 12.8% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $122.5K$269.9K
+120.3%
2 $364K$419.9K
+15.4%
3 $340K$373.5K
+9.9%
4 $410K$410K
0.0%
5+ $656.2K$642.5K
-2.1%

Summary: 54311 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 120.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Zip Codes

54217
+15.6%
54311
+12.8%
54302
+8.3%
54301
+7.2%
54229
+1.5%

Housing Supply in 54311, WI

How many homes are available in 54311, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9593-2.1%

Summary: The 54311 real estate market had 93 homes for sale in November 2024, a 2.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2220
-9.1%
3 4447
+6.8%
4 2623
-11.5%
5+ 33
0.0%

Summary: The 54311 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2117-19.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54311, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 54311 in November 2024, down by 19.0% month-over-month. Of the 17 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% were sold over asking.

Days on Market for 54311, 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 21 Days Ago

Newest Listings in 54311, WI

Nearby Markets to 54311, WI