Is 54727, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54727 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54727 has remained a Seller's Market.

Key Takeaway

54727 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54727, WI

How much do homes in 54727, WI cost?

Median Sold Price

$304,500

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$74,500(+32.4%)

Key Takeaway

Homes in 54727 have sold for 32.4% more than they did a year ago.

Summary: The median home sold price in 54727 was $304,500 in October 2024, up 32.4% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180.4K$257.5K
+42.7%
2 $180K$247.5K
+37.5%
3 $340K$250K
-26.5%
4 $230K$435K
+89.1%
5+ $152.5K$660K
+332.8%

Summary: 54727 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.7%, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes increased by 89.1%, and 5+ bedroom homes increased by 332.8%.

Housing Supply in 54727, WI

How many homes are available in 54727, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1714-17.6%

Summary: The 54727 real estate market had 14 homes for sale in October 2024, a 17.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 46
+50.0%
4 74
-42.9%
5+ 00
0.0%

Summary: The 54727 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54727, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 54727 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 54727, WI

How long does it take to sell a home in 54727, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 54727 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 7 homes were sold in 54727; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 13 Days Ago

Newest Listings in 54727, WI

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