Is 54858, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54858 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 54858 was a Neutral Market.

Key Takeaway

54858 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54858, WI

How much do homes in 54858, WI cost?

Median Sold Price

$252,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$71,000(+39.2%)

Key Takeaway

Homes in 54858 have sold for 39.2% more than they did a year ago.

Summary: The median home sold price in 54858 was $252,000 in November 2024, up 39.2% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $149.9K$324.9K
+116.7%
3 $246K$225K
-8.5%
4 $290K$1.1M
+312.1%
5+ $281.5K$550K
+95.4%

Summary: 54858 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 116.7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 312.1%, and 5+ bedroom homes increased by 95.4%.

Median Sold Price Compared To Nearby Zip Codes

54858
+39.2%
54853
+8.5%
54810
+4.6%

Housing Supply in 54858, WI

How many homes are available in 54858, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1715-11.8%

Summary: The 54858 real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 44
0.0%
3 106
-40.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The 54858 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54858, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 54858 in November 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 54858, WI

How long does it take to sell a home in 54858, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days91 Days+92.6%

Summary: Homes in 54858 had an average of 91 days on market in Nov 2024, up by 92.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54858 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 54858; 0% of homes were sold within 30 days, 25% 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 21 Days Ago

Newest Listings in 54858, WI

Nearby Markets to 54858, WI