Is 54751, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54751 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54751 was a Seller's Market.

Key Takeaway

54751 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54751, WI

How much do homes in 54751, WI cost?

Median Sold Price

$318,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,500(+5.5%)

Key Takeaway

Homes in 54751 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 54751 was $318,000 in October 2024, up 5.5% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $50K$144.6K
+189.2%
2 $195K$235K
+20.5%
3 $279.9K$320K
+14.3%
4 $347.6K$340K
-2.2%
5+ $385K$215K
-44.2%

Summary: 54751 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 189.2%, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 44.2%.

Housing Supply in 54751, WI

How many homes are available in 54751, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
137146+6.6%

Summary: The 54751 real estate market had 146 homes for sale in October 2024, a 6.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 921
+133.3%
3 6765
-3.0%
4 4239
-7.1%
5+ 1718
+5.9%

Summary: The 54751 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 133.3%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2419-20.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54751, expect to pay close to the asking price. 47.4% of homes here sold near the asking price last month.

Summary: A total of 19 homes were sold or pending in 54751 in October 2024, down by 20.8% month-over-month. Of the 19 sold homes, 32% were sold under asking, 47% were sold at asking, and 21% were sold over asking.

Days on Market for 54751, WI

How long does it take to sell a home in 54751, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days45 Days-5.8%

Summary: Homes in 54751 had an average of 45 days on market in Oct 2024, down by 5.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were 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 54751 has remained consistent over time.

Summary: During October 2024, 19 homes were sold in 54751; 16% of homes were sold within 30 days, 26% 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

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