Is 54650, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54650 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54650 has remained a Seller's Market.

Key Takeaway

54650 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54650, WI

How much do homes in 54650, WI cost?

Median Sold Price

$345,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,000(+4.9%)

Key Takeaway

Homes in 54650 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 54650 was $345,000 in October 2024, up 4.9% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$175K
N/A
2 $217K$262K
+20.7%
3 $285K$317.7K
+11.5%
4 $377K$418K
+10.9%
5+ $509K$557.5K
+9.5%

Summary: 54650 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 20.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

54603
+12.1%
54669
+10.8%
54601
+6.0%
54650
+4.9%
54636
+2.2%

Housing Supply in 54650, WI

How many homes are available in 54650, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5862+6.9%

Summary: The 54650 real estate market had 62 homes for sale in October 2024, a 6.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 610
+66.7%
3 3227
-15.6%
4 1213
+8.3%
5+ 811
+37.5%

Summary: The 54650 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2218-18.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54650, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 54650 in October 2024, down by 18.2% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.

Days on Market for 54650, WI

How long does it take to sell a home in 54650, 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54650 has remained consistent over time.

Summary: During October 2024, 18 homes were sold in 54650; 0% of homes were sold within 30 days, 6% 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 54650, WI

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