Is 54872, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54872 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54872 has remained a Seller's Market.

Key Takeaway

54872 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54872, WI

How much do homes in 54872, WI cost?

Median Sold Price

$269,950

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,950(+22.7%)

Key Takeaway

Homes in 54872 have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in 54872 was $269,950 in October 2024, up 22.7% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$212K
N/A
2 $194.1K$254.5K
+31.1%
3 $207.5K$320K
+54.2%
4 $240K$270K
+12.5%
5+ -$299.9K
N/A

Summary: 54872 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.1%, 3 bedroom homes increased by 54.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54872
+22.7%
54840
+10.2%
54893
+3.4%

Housing Supply in 54872, WI

How many homes are available in 54872, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2523-8.0%

Summary: The 54872 real estate market had 23 homes for sale in October 2024, a 8.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 98
-11.1%
3 87
-12.5%
4 55
0.0%
5+ 11
0.0%

Summary: The 54872 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 11.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54872, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 54872 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 54872, WI

How long does it take to sell a home in 54872, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
55 Days43 Days-21.2%

Summary: Homes in 54872 had an average of 43 days on market in Oct 2024, down by 21.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 54872 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 54872; 0% of homes were sold within 30 days, 40% 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 4 Days Ago

Newest Listings in 54872, WI

Nearby Markets to 54872, WI