Is 54757, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54757 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54757 has remained a Seller's Market.

Key Takeaway

54757 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54757, WI

How much do homes in 54757, WI cost?

Median Sold Price

$230,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$132,500(-36.6%)

Key Takeaway

Homes in 54757 have sold for 36.6% less than they did a year ago.

Summary: The median home sold price in 54757 was $230,000 in October 2024, down 36.6% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $64K$613.5K
+858.6%
2 $197.5K$229.5K
+16.2%
3 $348.2K$263.5K
-24.3%
4 $287.5K$222K
-22.8%
5+ $800K$470K
-41.3%

Summary: 54757 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 858.6%, 2 bedroom homes increased by 16.2%, 3 bedroom homes decreased by 24.3%, 4 bedroom homes decreased by 22.8%, and 5+ bedroom homes decreased by 41.3%.

Median Sold Price Compared To Nearby Zip Codes

54724
-6.5%
54728
-10.0%
54757
-36.6%

Housing Supply in 54757, WI

How many homes are available in 54757, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3231-3.1%

Summary: The 54757 real estate market had 31 homes for sale in October 2024, a 3.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1919
0.0%
4 64
-33.3%
5+ 00
0.0%

Summary: The 54757 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 increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
512+140.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54757, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 54757 in October 2024, up by 140.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.

Days on Market for 54757, WI

How long does it take to sell a home in 54757, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 54757 has remained consistent over time.

Summary: During October 2024, 12 homes were sold in 54757; 8% of homes were sold within 30 days, 17% 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 23 Days Ago

Newest Listings in 54757, WI

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