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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54847 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 54847 was a Seller's Market.

Key Takeaway

54847 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54847, WI

How much do homes in 54847, WI cost?

Median Sold Price

$328,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$21,000(-6.0%)

Key Takeaway

Homes in 54847 have sold for 6% less than they did a year ago.

Summary: The median home sold price in 54847 was $328,000 in November 2024, down 6% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $180K$185K
+2.8%
2 $330K$290K
-12.1%
3 $388K$381.5K
-1.7%
4 $350K$225K
-35.7%
5+ --
N/A

Summary: 54847 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes did not change.

Housing Supply in 54847, WI

How many homes are available in 54847, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23230.0%

Summary: The 54847 real estate market had 23 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 48
+100.0%
3 139
-30.8%
4 55
0.0%
5+ 00
0.0%

Summary: The 54847 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 100%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 54847 in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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