Is 54812, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54812 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54812 was a Seller's Market.

Key Takeaway

54812 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54812, WI

How much do homes in 54812, WI cost?

Median Sold Price

$205,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+24.2%)

Key Takeaway

Homes in 54812 have sold for 24.2% more than they did a year ago.

Summary: The median home sold price in 54812 was $205,000 in October 2024, up 24.2% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $75K$126K
+68.0%
2 $117.2K$157.5K
+34.3%
3 $181.2K$233.4K
+28.8%
4 $165K$310K
+87.9%
5+ -$195.5K
N/A

Summary: 54812 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68%, 2 bedroom homes increased by 34.3%, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 87.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54805
+55.3%
54733
+25.7%
54812
+24.2%
54822
+16.8%
54868
-10.7%

Housing Supply in 54812, WI

How many homes are available in 54812, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2631+19.2%

Summary: The 54812 real estate market had 31 homes for sale in October 2024, a 19.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1618
+12.5%
4 57
+40.0%
5+ 55
0.0%

Summary: The 54812 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 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54812, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 54812 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 54812, WI

How long does it take to sell a home in 54812, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days37 Days+12.1%

Summary: Homes in 54812 had an average of 37 days on market in Oct 2024, up by 12.1% 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 54812 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 54812; 0% of homes were sold within 30 days, 25% 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 13 Days Ago

Newest Listings in 54812, WI

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