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

$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

# BEDSSep 2024Oct 2024CHANGE
1 -$139.5K
N/A
2 $272.5K$415K
+52.3%
3 $340K$80K
-76.5%
4 $247.5K$350K
+41.4%
5+ $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
+73.9%
54873
+25.0%
54832
-36.5%
54849
-64.5%

Housing Supply in 54873, WI

How many homes are available in 54873, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4038-5.0%

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

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1820
+11.1%
3 1313
0.0%
4 42
-50.0%
5+ 42
-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 2024Oct 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2024Oct 2024CHANGE
15 Days79 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in 54873, WI

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