Is 54451, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54451 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 54451 was a Buyer's Market.

Key Takeaway

54451 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54451, WI

How much do homes in 54451, WI cost?

Median Sold Price

$213,000

$110/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$62,000(-22.5%)

Key Takeaway

Homes in 54451 have sold for 22.5% less than they did a month ago.

Summary: The median home sold price in 54451 was $213,000 in October 2024, down 22.5% from last month, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$112.5K
N/A
3 $275K$310K
+12.7%
4 -$209K
N/A
5+ -$278K
N/A

Summary: 54451 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 12.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 54451, WI

How many homes are available in 54451, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4446+4.5%

Summary: The 54451 real estate market had 46 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 88
0.0%
3 1314
+7.7%
4 1718
+5.9%
5+ 22
0.0%

Summary: The 54451 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54451, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 54451 in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.

Days on Market for 54451, 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 17 Days Ago

Newest Listings in 54451, WI

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