Is 54724, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54724 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 54724 has remained a Seller's Market.

Key Takeaway

54724 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54724, WI

How much do homes in 54724, WI cost?

Median Sold Price

$295,500

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$36,000(-10.9%)

Key Takeaway

Homes in 54724 have sold for 10.9% less than they did a year ago.

Summary: The median home sold price in 54724 was $295,500 in December 2024, down 10.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $139.5K-
N/A
2 $202.2K$247K
+22.1%
3 $330K$295.5K
-10.5%
4 $443.7K$388.7K
-12.4%
5+ $775K$435K
-43.9%

Summary: 54724 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.1%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 43.9%.

Housing Supply in 54724, WI

How many homes are available in 54724, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2726-3.7%

Summary: The 54724 real estate market had 26 homes for sale in December 2024, a 3.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 62
-66.7%
3 99
0.0%
4 48
+100.0%
5+ 76
-14.3%

Summary: The 54724 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54724, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 54724 in December 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 54724, WI

How long does it take to sell a home in 54724, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54724 has remained consistent over time.

Summary: During December 2024, 6 homes were sold in 54724; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in 54724, WI

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