Is 54601, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54601 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54601 has remained a Seller's Market.

Key Takeaway

54601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54601, WI

How much do homes in 54601, WI cost?

Median Sold Price

$265,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+6.0%)

Key Takeaway

Homes in 54601 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 54601 was $265,000 in October 2024, up 6% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$185.5K
N/A
2 $195K$210K
+7.7%
3 $245K$263.9K
+7.7%
4 $305K$330K
+8.2%
5+ $400K$335K
-16.3%

Summary: 54601 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 16.3%.

Median Sold Price Compared To Nearby Zip Codes

54658
+39.1%
54623
+15.6%
54603
+12.1%
54669
+10.8%
54601
+6.0%

Housing Supply in 54601, WI

How many homes are available in 54601, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9785-12.4%

Summary: The 54601 real estate market had 85 homes for sale in October 2024, a 12.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2014
-30.0%
3 4033
-17.5%
4 2527
+8.0%
5+ 1110
-9.1%

Summary: The 54601 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 decreased by 30%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3533-5.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54601, you may be able to get a good deal. 42.4% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 54601 in October 2024, down by 5.7% month-over-month. Of the 33 sold homes, 42% were sold under asking, 21% were sold at asking, and 36% were sold over asking.

Days on Market for 54601, WI

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54601 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 33 homes were sold in 54601; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 54601, WI

Nearby Markets to 54601, WI