$53,000
10.50 Acres
Land
#1587403, James Swanson, Listing Office: Weiss Realty LLC
Is 54840, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$242,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,500(+10.2%)
Key Takeaway
Homes in 54840 have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in 54840 was $242,500 in October 2024, up 10.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $367.5K | +153.4% |
| 2 Bedrooms | $209.5K | $200K | -4.5% |
| 3 Bedrooms | $223.4K | $239K | +7.0% |
| 4 Bedrooms | $247.2K | $305K | +23.4% |
| 5+ Bedrooms | $395K | - | N/A |
Summary: 54840 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 153.4%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 23.4%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 48 | -9.4% |
Summary: The 54840 real estate market had 48 homes for sale in October 2024, a 9.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 54840 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54840, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 54840 in October 2024, down by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 71 Days | -2.2% |
Summary: Homes in 54840 had an average of 71 days on market in Oct 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 54840 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 54840; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
