$9,500,000
1040.00 Acres
Land
#1587373, Mike Law, Listing Office: Coulee Land Company
Is 54616, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 54616 has remained a Seller's Market.
Key Takeaway
54616 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54616, WI
How much do homes in 54616, WI cost?
Median Sold Price
$274,900
$165/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$25,977(+10.4%)
Key Takeaway
Homes in 54616 have sold for 10.4% more than they did a month ago.
Summary: The median home sold price in 54616 was $274,900 in October 2024, up 10.4% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | $116.5K | -19.7% |
| 3 Bedrooms | $248.9K | $199K | -20.1% |
| 4 Bedrooms | - | $402.3K | N/A |
| 5+ Bedrooms | $385K | - | N/A |
Summary: 54616 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 19.7%, 3 bedroom homes decreased by 20.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 54616 | $248.9K | $274.9K | +10.4% |
| 54635 | $242.5K | $260K | +7.2% |
| 54627 | $240K | $248.7K | +3.6% |
| 54773 | $369K | $194.9K | -47.2% |
Housing Supply in 54616, WI
How many homes are available in 54616, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The 54616 real estate market had 16 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 54616 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 54616, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 54616 in October 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 54616, WI
How long does it take to sell a home in 54616, WI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 54616 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 54616; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
