Is 54487, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54487 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54487 has remained a Seller's Market.

Key Takeaway

54487 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54487, WI

How much do homes in 54487, WI cost?

Median Sold Price

$675,000

$231/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$297,500(+78.8%)

Key Takeaway

Homes in 54487 have sold for 78.8% more than they did a month ago.

Summary: The median home sold price in 54487 was $675,000 in November 2024, up 78.8% from last month, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $380K-
N/A
3 $375K$289K
-22.9%
4 -$707.5K
N/A
5+ --
N/A

Summary: 54487 housing prices by bedroom type for November 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 decreased by 22.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 54487, WI

How many homes are available in 54487, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2416-33.3%

Summary: The 54487 real estate market had 16 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 63
-50.0%
3 127
-41.7%
4 44
0.0%
5+ 11
0.0%

Summary: The 54487 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 50%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54487, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 54487 in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 54487, 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 18 Days Ago

Newest Listings in 54487, WI

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