Is 54703, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54703 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54703 has remained a Seller's Market.

Key Takeaway

54703 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54703, WI

How much do homes in 54703, WI cost?

Median Sold Price

$285,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,016(+5.6%)

Key Takeaway

Homes in 54703 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 54703 was $285,000 in November 2024, up 5.6% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $149.4K$131.6K
-11.9%
2 $191.5K$225K
+17.5%
3 $273.5K$290K
+6.0%
4 $354.5K$326K
-8.0%
5+ $332.5K$435K
+30.8%

Summary: 54703 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.9%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 30.8%.

Median Sold Price Compared To Nearby Zip Codes

54729
+7.1%
54703
+5.6%

Housing Supply in 54703, WI

How many homes are available in 54703, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
218213-2.3%

Summary: The 54703 real estate market had 213 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 3735
-5.4%
3 110107
-2.7%
4 5351
-3.8%
5+ 1518
+20.0%

Summary: The 54703 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4051+27.5%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54703, you may be able to get a good deal. 49% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in 54703 in November 2024, up by 27.5% month-over-month. Of the 51 sold homes, 49% were sold under asking, 18% were sold at asking, and 33% were sold over asking.

Days on Market for 54703, WI

How long does it take to sell a home in 54703, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days42 Days-18.2%

Summary: Homes in 54703 had an average of 42 days on market in Nov 2024, down by 18.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54703 has remained consistent over time.

Summary: During November 2024, 51 homes were sold in 54703; 4% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 2% 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 2 Days Ago

Newest Listings in 54703, WI

Nearby Markets to 54703, WI