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 22 Days Ago

Newest Listings in 54601, WI

Nearby Markets to 54601, WI