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 7 Days Ago

Newest Listings in 54650, WI

Nearby Markets to 54650, WI