Is 54873, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54873 is a 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

$362,500

$197/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$51,050(+16.4%)

Key Takeaway

Homes in 54873 have sold for 16.4% more than they did a month ago.

Summary: The median home sold price in 54873 was $362,500 in December 2024, up 16.4% from last month, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $206K$362.5K
+76.0%
3 $372.4K$315K
-15.4%
4 --
N/A
5+ --
N/A

Summary: 54873 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 76%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54873
+16.4%
54849
-35.1%

Housing Supply in 54873, WI

How many homes are available in 54873, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2924-17.2%

Summary: The 54873 real estate market had 24 homes for sale in December 2024, a 17.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 1412
-14.3%
4 33
0.0%
5+ 11
0.0%

Summary: The 54873 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54873, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 54873 in December 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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

Nov 2024Dec 2024CHANGE
4 Days87 Days+2075.0%

Summary: Homes in 54873 had an average of 87 days on market in Dec 2024, up by 2075% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 54873 has remained consistent over time.

Summary: During December 2024, 8 homes were sold in 54873; 0% of homes were sold within 30 days, 13% 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 6 Days Ago

Newest Listings in 54873, WI

Nearby Markets to 54873, WI