Is 54829, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54829 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 54829 has remained a Seller's Market.

Key Takeaway

54829 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54829, WI

How much do homes in 54829, WI cost?

Median Sold Price

$264,950

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$5,050(+1.9%)

Key Takeaway

Homes in 54829 have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in 54829 was $264,950 in December 2024, up 1.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $78.1K-
N/A
2 $249.9K$365K
+46.1%
3 $281K$249.5K
-11.2%
4 $262K$235K
-10.3%
5+ $215K$289.5K
+34.7%

Summary: 54829 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.1%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 34.7%.

Housing Supply in 54829, WI

How many homes are available in 54829, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2923-20.7%

Summary: The 54829 real estate market had 23 homes for sale in December 2024, a 20.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 117
-36.4%
4 86
-25.0%
5+ 88
0.0%

Summary: The 54829 housing inventory by bedroom type for December 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 36.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 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 54829, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54829 in December 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 54829, WI

How long does it take to sell a home in 54829, WI?

Average Sale Time

Dec 2023Dec 2024CHANGE
67 Days96 Days+42.6%

Summary: Homes in 54829 had an average of 96 days on market in Dec 2024, up by 42.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 54829 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 4 homes were sold in 54829; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in 54829, WI

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