$4,928 Closing Credit*
$415,000
1,859 SqFt
3 Beds
•2 Full Baths
#1587780, Leonard Chute, Listing Office: Edina Realty, Corp. - Siren
Is 54840, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 54840 has remained a Seller's Market.
Key Takeaway
54840 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54840, WI
How much do homes in 54840, WI cost?
Median Sold Price
$239,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,100(+5.3%)
Key Takeaway
Homes in 54840 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 54840 was $239,000 in November 2024, up 5.3% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $367.5K | +70.9% |
| 2 Bedrooms | $195K | $200K | +2.6% |
| 3 Bedrooms | $226.9K | $229K | +0.9% |
| 4 Bedrooms | $239.5K | $305K | +27.3% |
| 5+ Bedrooms | $395K | - | N/A |
Summary: 54840 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.9%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes did not change.
Housing Supply in 54840, WI
How many homes are available in 54840, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 47 | -2.1% |
Summary: The 54840 real estate market had 47 homes for sale in November 2024, a 2.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 54840 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54840, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 54840 in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 54840, WI
How long does it take to sell a home in 54840, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 36 Days | -18.7% |
Summary: Homes in 54840 had an average of 36 days on market in Nov 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 54840 has remained consistent over time.
Summary: During November 2024, 8 homes were sold in 54840; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
