Is 54859, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54859 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54859 was a Seller's Market.

Key Takeaway

54859 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54859, WI

How much do homes in 54859, WI cost?

Median Sold Price

$257,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$78,000(-23.3%)

Key Takeaway

Homes in 54859 have sold for 23.3% less than they did a year ago.

Summary: The median home sold price in 54859 was $257,000 in October 2024, down 23.3% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K$159K
+17.8%
2 $199.9K$276K
+38.1%
3 $384K$237.2K
-38.2%
4 $950K$635K
-33.2%
5+ -$870K
N/A

Summary: 54859 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.8%, 2 bedroom homes increased by 38.1%, 3 bedroom homes decreased by 38.2%, 4 bedroom homes decreased by 33.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54830
+5.8%
54888
-11.1%
54859
-23.3%

Housing Supply in 54859, WI

How many homes are available in 54859, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4442-4.5%

Summary: The 54859 real estate market had 42 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 52
-60.0%
2 911
+22.2%
3 2222
0.0%
4 76
-14.3%
5+ 11
0.0%

Summary: The 54859 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54859, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 54859 in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 54859, 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 20 Days Ago

Newest Listings in 54859, WI

Nearby Markets to 54859, WI