Is 54728, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54728 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54728 has remained a Seller's Market.

Key Takeaway

54728 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54728, WI

How much do homes in 54728, WI cost?

Median Sold Price

$258,850

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$28,650(-10.0%)

Key Takeaway

Homes in 54728 have sold for 10% less than they did a year ago.

Summary: The median home sold price in 54728 was $258,850 in October 2024, down 10% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $158K$140K
-11.4%
2 $270K$250K
-7.4%
3 $312.5K$294.9K
-5.6%
4 $300K$282.5K
-5.8%
5+ $667K$635K
-4.8%

Summary: 54728 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Zip Codes

54733
+25.7%
54822
+16.8%
54728
-10.0%
54757
-36.6%

Housing Supply in 54728, WI

How many homes are available in 54728, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4954+10.2%

Summary: The 54728 real estate market had 54 homes for sale in October 2024, a 10.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 41
-75.0%
2 1513
-13.3%
3 1726
+52.9%
4 1110
-9.1%
5+ 24
+100.0%

Summary: The 54728 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 52.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54728, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 54728 in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.

Days on Market for 54728, WI

How long does it take to sell a home in 54728, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days60 Days+313.8%

Summary: Homes in 54728 had an average of 60 days on market in Oct 2024, up by 313.8% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54728 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 54728; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

Newest Listings in 54728, WI

Nearby Markets to 54728, WI