Is 54656, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54656 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54656 has remained a Seller's Market.

Key Takeaway

54656 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54656, WI

How much do homes in 54656, WI cost?

Median Sold Price

$262,500

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,500(+11.7%)

Key Takeaway

Homes in 54656 have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in 54656 was $262,500 in November 2024, up 11.7% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90K$155K
+72.2%
2 $166K$211.5K
+27.4%
3 $202.5K$227.5K
+12.3%
4 $350K$294K
-16.0%
5+ $381K$377K
-1.0%

Summary: 54656 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.2%, 2 bedroom homes increased by 27.4%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Zip Codes

54656
+11.7%
54660
+6.4%

Housing Supply in 54656, WI

How many homes are available in 54656, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
46460.0%

Summary: The 54656 real estate market had 46 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 1922
+15.8%
4 97
-22.2%
5+ 87
-12.5%

Summary: The 54656 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
148-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54656, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in 54656 in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 54656, 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 17 Days Ago

Newest Listings in 54656, WI

Nearby Markets to 54656, WI