$3,266 Closing Credit*
$275,000
1,720 SqFt
3 Beds
•2 Full Baths, 1 Partial
#1899928, Christopher Michala, Listing Office: Standard Real Estate Services, LLC
Is 54701, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 54701 has remained a Seller's Market.
Key Takeaway
54701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54701, WI
How much do homes in 54701, WI cost?
Median Sold Price
$332,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,750(+7.0%)
Key Takeaway
Homes in 54701 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 54701 was $332,500 in October 2024, up 7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $155K | +3.3% |
| 2 Bedrooms | $231K | $238K | +3.0% |
| 3 Bedrooms | $299.9K | $320K | +6.7% |
| 4 Bedrooms | $380K | $399.9K | +5.2% |
| 5+ Bedrooms | $504.6K | $593.7K | +17.7% |
Summary: 54701 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 17.7%.
Housing Supply in 54701, WI
How many homes are available in 54701, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 198 | 203 | +2.5% |
Summary: The 54701 real estate market had 203 homes for sale in October 2024, a 2.5% increase 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 | 36 | 44 | +22.2% |
| 3 Bedrooms | 70 | 66 | -5.7% |
| 4 Bedrooms | 75 | 73 | -2.7% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The 54701 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 increased by 22.2%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 43 | +26.5% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54701, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 54701 in October 2024, up by 26.5% month-over-month. Of the 43 sold homes, 56% were sold under asking, 26% were sold at asking, and 19% were sold over asking.
Days on Market for 54701, WI
How long does it take to sell a home in 54701, WI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 31 Days | -68.6% |
Summary: Homes in 54701 had an average of 31 days on market in Oct 2024, down by 68.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 54701 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 43 homes were sold in 54701; 5% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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