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 November 2023

Since last year, 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

$330,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,900(+7.1%)

Key Takeaway

Homes in 54729 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 54729 was $330,000 in November 2024, up 7.1% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$225.7K
+45.6%
2 $205K$215K
+4.9%
3 $299.4K$290K
-3.2%
4 $387K$390K
+0.8%
5+ $412K$435.5K
+5.7%

Summary: 54729 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.6%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

54729
+7.1%
54703
+5.6%
54724
-13.4%

Housing Supply in 54729, WI

How many homes are available in 54729, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
167163-2.4%

Summary: The 54729 real estate market had 163 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 2522
-12.0%
3 7878
0.0%
4 4541
-8.9%
5+ 1719
+11.8%

Summary: The 54729 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3533-5.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54729, expect to pay close to the asking price. 42.4% of homes here sold near the asking price last month.

Summary: A total of 33 homes were sold or pending in 54729 in November 2024, down by 5.7% month-over-month. Of the 33 sold homes, 39% were sold under asking, 42% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
40 Days90 Days+124.0%

Summary: Homes in 54729 had an average of 90 days on market in Nov 2024, up by 124% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54729 has remained consistent over time.

Summary: During November 2024, 33 homes were sold in 54729; 0% of homes were sold within 30 days, 6% 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