$5,047 Closing Credit*
$425,000
2,350 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Results - Duluth (Main)
Is 54874, 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, 54874 has remained a Seller's Market.
Key Takeaway
54874 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 54874, WI
How much do homes in 54874, WI cost?
Median Sold Price
$308,000
$177/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$47,000(-13.2%)
Key Takeaway
Homes in 54874 have sold for 13.2% less than they did a month ago.
Summary: The median home sold price in 54874 was $308,000 in November 2024, down 13.2% from last month, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | - | N/A |
| 2 Bedrooms | $370K | - | N/A |
| 3 Bedrooms | $355K | $308K | -13.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 54874 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 54849 | $289K | $370K | +28.0% |
| 54874 | $355K | $308K | -13.2% |
Housing Supply in 54874, WI
How many homes are available in 54874, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The 54874 real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 54874 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 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 54874, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 54874 in November 2024, up by 20.0% 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 54874, WI
How long does it take to sell a home in 54874, WI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 8 Days | -77.1% |
Summary: Homes in 54874 had an average of 8 days on market in Nov 2024, down by 77.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 54874 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 54874; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
