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 October 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

$252,833

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,166(-10.7%)

Key Takeaway

Homes in 54868 have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in 54868 was $252,833 in October 2024, down 10.7% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $144.9K$85K
-41.4%
2 $232.4K$180K
-22.6%
3 $244.7K$240K
-1.9%
4 $307.5K$284.9K
-7.3%
5+ $340K$470K
+38.2%

Summary: 54868 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.4%, 2 bedroom homes decreased by 22.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 38.2%.

Median Sold Price Compared To Nearby Zip Codes

54822
+16.8%
54868
-10.7%
54817
-18.1%

Housing Supply in 54868, WI

How many homes are available in 54868, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108110+1.9%

Summary: The 54868 real estate market had 110 homes for sale in October 2024, a 1.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2220
-9.1%
3 4742
-10.6%
4 3340
+21.2%
5+ 68
+33.3%

Summary: The 54868 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54868, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 54868 in October 2024, down by 8.3% month-over-month. Of the 22 sold homes, 50% were sold under asking, 5% were sold at asking, and 45% 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

Oct 2023Oct 2024CHANGE
74 Days20 Days-72.5%

Summary: Homes in 54868 had an average of 20 days on market in Oct 2024, down by 72.5% 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 October 2024, 22 homes were sold in 54868; 9% of homes were sold within 30 days, 5% 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

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