Is 54603, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54603 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54603 has remained a Seller's Market.

Key Takeaway

54603 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54603, WI

How much do homes in 54603, WI cost?

Median Sold Price

$227,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,500(+12.1%)

Key Takeaway

Homes in 54603 have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in 54603 was $227,000 in October 2024, up 12.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$141K
+17.5%
2 $179K$201K
+12.3%
3 $210K$235.1K
+12.0%
4 $248.5K$235K
-5.4%
5+ $227.3K$330.5K
+45.4%

Summary: 54603 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 45.4%.

Median Sold Price Compared To Nearby Zip Codes

54603
+12.1%
54601
+6.0%
54650
+4.9%

Housing Supply in 54603, WI

How many homes are available in 54603, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4651+10.9%

Summary: The 54603 real estate market had 51 homes for sale in October 2024, a 10.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 1217
+41.7%
3 2021
+5.0%
4 98
-11.1%
5+ 32
-33.3%

Summary: The 54603 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1016+60.0%

Asking Price vs. Sold Price

4 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 54603, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 54603 in October 2024, up by 60.0% month-over-month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.

Days on Market for 54603, 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 22 Days Ago

Newest Listings in 54603, WI

Nearby Markets to 54603, WI