Is 54729, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54729 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 54729 has remained a Seller's Market.

Key Takeaway

54729 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54729, WI

How much do homes in 54729, WI cost?

Median Sold Price

$325,000

$158/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$51,000(-13.6%)

Key Takeaway

Homes in 54729 have sold for 13.6% less than they did a month ago.

Summary: The median home sold price in 54729 was $325,000 in October 2024, down 13.6% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $200K$222K
+11.0%
3 $383K$240K
-37.3%
4 $363K$372K
+2.5%
5+ $400K$578.5K
+44.6%

Summary: 54729 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11%, 3 bedroom homes decreased by 37.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 44.6%.

Median Sold Price Compared To Nearby Zip Codes

54748
+227.1%
54729
-13.6%

Housing Supply in 54729, WI

How many homes are available in 54729, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
171173+1.2%

Summary: The 54729 real estate market had 173 homes for sale in October 2024, a 1.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 2625
-3.8%
3 8377
-7.2%
4 4048
+20.0%
5+ 2121
0.0%

Summary: The 54729 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4129-29.3%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54729, you may be able to get a good deal. 69% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 54729 in October 2024, down by 29.3% month-over-month. Of the 29 sold homes, 69% were sold under asking, 17% were sold at asking, and 14% were sold over asking.

Days on Market for 54729, WI

How long does it take to sell a home in 54729, WI?

Average Sale Time

Sep 2024Oct 2024CHANGE
50 Days51 Days0.5%

Summary: Homes in 54729 had an average of 51 days on market in Oct 2024, up by 0.5% compared to last month.

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 54729 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 29 homes were sold in 54729; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% 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 17 Days Ago

Newest Listings in 54729, WI

Nearby Markets to 54729, WI