$5,641 Closing Credit*
$475,000
3,116 SqFt
6 Beds
•3 Full Baths
#1587388, Patrick Rebman, Listing Office: Chippewa Valley Real Estate, LLC
Is 54720, 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, 54720 has remained a Seller's Market.
Key Takeaway
54720 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54720, WI
How much do homes in 54720, WI cost?
Median Sold Price
$319,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,500(-3.2%)
Key Takeaway
Homes in 54720 have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in 54720 was $319,500 in October 2024, down 3.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.9K | $130K | +4.1% |
| 2 Bedrooms | $269.9K | $199.9K | -25.9% |
| 3 Bedrooms | $330K | $300K | -9.1% |
| 4 Bedrooms | $400K | $375K | -6.3% |
| 5+ Bedrooms | $490K | $475K | -3.1% |
Summary: 54720 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 25.9%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in 54720, WI
How many homes are available in 54720, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 52 | -5.5% |
Summary: The 54720 real estate market had 52 homes for sale in October 2024, a 5.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 54720 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54720, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 54720 in October 2024, the same as the previous month. Of the 13 sold homes, 23% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for 54720, WI
How long does it take to sell a home in 54720, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 54720 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 54720; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
