Is 54720, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54720 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$293,000

$182/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$12,950(-4.2%)

Key Takeaway

Homes in 54720 have sold for 4.2% less than they did a month ago.

Summary: The median home sold price in 54720 was $293,000 in November 2024, down 4.2% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $275K$275K
0.0%
3 $301K$293K
-2.7%
4 $327.4K$430K
+31.3%
5+ $450K-
N/A

Summary: 54720 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54701
+9.6%
54720
-4.2%

Housing Supply in 54720, WI

How many homes are available in 54720, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5040-20.0%

Summary: The 54720 real estate market had 40 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 1813
-27.8%
4 1511
-26.7%
5+ 67
+16.7%

Summary: The 54720 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 decreased by 18.2%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
147-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54720, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 54720 in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for 54720, 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 22 Days Ago

Newest Listings in 54720, WI

Nearby Markets to 54720, WI