Is 54801, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54801 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 54801 was a Seller's Market.

Key Takeaway

54801 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54801, WI

How much do homes in 54801, WI cost?

Median Sold Price

$272,500

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$52,500(-16.2%)

Key Takeaway

Homes in 54801 have sold for 16.2% less than they did a year ago.

Summary: The median home sold price in 54801 was $272,500 in November 2024, down 16.2% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $315K$225K
-28.6%
2 $295K$250K
-15.3%
3 $259.7K$262.8K
+1.2%
4 $375K$315K
-16.0%
5+ $385K$525K
+36.4%

Summary: 54801 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 15.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 36.4%.

Median Sold Price Compared To Nearby Zip Codes

54893
+4.3%
54801
-16.2%

Housing Supply in 54801, WI

How many homes are available in 54801, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6664-3.0%

Summary: The 54801 real estate market had 64 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 52
-60.0%
2 711
+57.1%
3 4034
-15.0%
4 811
+37.5%
5+ 66
0.0%

Summary: The 54801 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 57.1%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
137-46.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54801, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 54801 in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 54801, WI

How long does it take to sell a home in 54801, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
116 Days33 Days-71.6%

Summary: Homes in 54801 had an average of 33 days on market in Nov 2024, down by 71.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 54801 has remained consistent over time.

Summary: During November 2024, 7 homes were sold in 54801; 0% of homes were sold within 30 days, 14% 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 21 Days Ago

Newest Listings in 54801, WI

Nearby Markets to 54801, WI