Is 54806, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54806 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 54806 was a Seller's Market.

Key Takeaway

54806 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 54806, WI

How much do homes in 54806, WI cost?

Median Sold Price

$94,000

$89/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$59,000(-38.6%)

Key Takeaway

Homes in 54806 have sold for 38.6% less than they did a month ago.

Summary: The median home sold price in 54806 was $94,000 in October 2024, down 38.6% from last month, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $225K$79.9K
-64.5%
2 $127.5K$177K
+38.8%
3 $170K$94K
-44.7%
4 $170K$62K
-63.5%
5+ --
N/A

Summary: 54806 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 64.5%, 2 bedroom homes increased by 38.8%, 3 bedroom homes decreased by 44.7%, 4 bedroom homes decreased by 63.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54891
+56.7%
54806
-38.6%

Housing Supply in 54806, WI

How many homes are available in 54806, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5049-2.0%

Summary: The 54806 real estate market had 49 homes for sale in October 2024, a 2.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 1414
0.0%
3 2621
-19.2%
4 710
+42.9%
5+ 01
+100.0%

Summary: The 54806 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 remained the same, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
157-53.3%

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 54806, 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 54806 in October 2024, down by 53.3% 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 54806, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 54806, WI

Nearby Markets to 54806, WI