$8,906 Closing Credit*
$750,000
2,280 SqFt
4 Beds
•3 Full Baths
Listing Office: Coldwell Banker Realty - Minong
Is 54873, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 54873 has remained a Seller's Market.
Key Takeaway
54873 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54873, WI
How much do homes in 54873, WI cost?
Median Sold Price
$400,000
$213/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$80,000(+25.0%)
Key Takeaway
Homes in 54873 have sold for 25% more than they did a month ago.
Summary: The median home sold price in 54873 was $400,000 in October 2024, up 25% from last month, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $139.5K | N/A |
| 2 Bedrooms | $272.5K | $415K | +52.3% |
| 3 Bedrooms | $340K | $80K | -76.5% |
| 4 Bedrooms | $247.5K | $350K | +41.4% |
| 5+ Bedrooms | $785K | - | N/A |
Summary: 54873 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.3%, 3 bedroom homes decreased by 76.5%, 4 bedroom homes increased by 41.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 54838 | $172.5K | $299.9K | +73.9% |
| 54873 | $320K | $400K | +25.0% |
| 54832 | $500K | $317.5K | -36.5% |
| 54849 | $815K | $289K | -64.5% |
Housing Supply in 54873, WI
How many homes are available in 54873, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The 54873 real estate market had 38 homes for sale in October 2024, a 5.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 54873 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 increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54873, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 54873 in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% were sold over asking.
Days on Market for 54873, WI
How long does it take to sell a home in 54873, WI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 79 Days | +430.0% |
Summary: Homes in 54873 had an average of 79 days on market in Oct 2024, up by 430% compared to last month.
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
Key Takeaway
Avg time on Rocket Homes in 54873 has remained consistent over time.
Summary: During October 2024, 10 homes were sold in 54873; 0% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
