Is 54847, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54847 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 54847 was a Seller's Market.

Key Takeaway

54847 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 54847, WI

How much do homes in 54847, WI cost?

Median Sold Price

$440,000

$235/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$92,500(+26.6%)

Key Takeaway

Homes in 54847 have sold for 26.6% more than they did a month ago.

Summary: The median home sold price in 54847 was $440,000 in October 2024, up 26.6% from last month, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $270K-
N/A
2 $210K-
N/A
3 $425K$440K
+3.5%
4 --
N/A
5+ --
N/A

Summary: 54847 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54847
+26.6%
54832
-36.5%

Housing Supply in 54847, WI

How many homes are available in 54847, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2824-14.3%

Summary: The 54847 real estate market had 24 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 44
0.0%
3 1714
-17.6%
4 55
0.0%
5+ 00
0.0%

Summary: The 54847 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 remained the same, 3 bedroom homes decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54847, 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 54847 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 54847, 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 21 Days Ago

Newest Listings in 54847, WI

Nearby Markets to 54847, WI