Is 54868, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54868 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54868 has remained a Seller's Market.

Key Takeaway

54868 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54868, WI

How much do homes in 54868, WI cost?

Median Sold Price

$261,500

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,500(-6.6%)

Key Takeaway

Homes in 54868 have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in 54868 was $261,500 in November 2024, down 6.6% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $227.4K$85K
-62.6%
2 $216K$180K
-16.7%
3 $248K$250K
+0.8%
4 $290K$279.9K
-3.5%
5+ $340K$470K
+38.2%

Summary: 54868 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.6%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 38.2%.

Median Sold Price Compared To Nearby Zip Codes

54822
+16.8%
54868
-6.6%

Housing Supply in 54868, WI

How many homes are available in 54868, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10695-10.4%

Summary: The 54868 real estate market had 95 homes for sale in November 2024, a 10.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1918
-5.3%
3 4135
-14.6%
4 3835
-7.9%
5+ 87
-12.5%

Summary: The 54868 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 decreased by 5.3%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2317-26.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54868, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in 54868 in November 2024, down by 26.1% month-over-month. Of the 17 sold homes, 35% were sold under asking, 47% were sold at asking, and 18% were sold over asking.

Days on Market for 54868, WI

How long does it take to sell a home in 54868, WI?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days20 Days-57.0%

Summary: Homes in 54868 had an average of 20 days on market in Nov 2024, down by 57% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 54868 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in 54868; 12% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% 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 54868, WI

Nearby Markets to 54868, WI