Is 54481, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54481 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54481 has remained a Seller's Market.

Key Takeaway

54481 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54481, WI

How much do homes in 54481, WI cost?

Median Sold Price

$232,500

$141/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$2,450(-1.0%)

Key Takeaway

Homes in 54481 have sold for 1% less than they did a month ago.

Summary: The median home sold price in 54481 was $232,500 in October 2024, down 1% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $255K$219.9K
-13.7%
3 $230K$238.8K
+3.8%
4 $250.5K$384.3K
+53.4%
5+ $280K$477.3K
+70.5%

Summary: 54481 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 decreased by 13.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 53.4%, and 5+ bedroom homes increased by 70.5%.

Median Sold Price Compared To Nearby Zip Codes

54482
+6.6%
54481
-1.0%
54443
-83.5%

Housing Supply in 54481, WI

How many homes are available in 54481, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6061+1.7%

Summary: The 54481 real estate market had 61 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 811
+37.5%
3 3535
0.0%
4 1310
-23.1%
5+ 44
0.0%

Summary: The 54481 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2218-18.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54481, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 54481 in October 2024, down by 18.2% month-over-month. Of the 18 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for 54481, 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 54481, WI

Nearby Markets to 54481, WI