Listing Office: Local Realty LLC
Is 54893, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 54893 was a Seller's Market.
Key Takeaway
54893 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 54893, WI
How much do homes in 54893, WI cost?
Median Sold Price
$300,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+3.4%)
Key Takeaway
Homes in 54893 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 54893 was $300,000 in October 2024, up 3.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $315K | +82.6% |
| 2 Bedrooms | $290K | $274.9K | -5.2% |
| 3 Bedrooms | $337.4K | $297.5K | -11.8% |
| 4 Bedrooms | $495K | $340K | -31.3% |
| 5+ Bedrooms | $227.5K | $975K | +328.6% |
Summary: 54893 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 82.6%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 328.6%.
Median Sold Price Compared To Nearby Zip Codes
| 54872 | $220K | $269.9K | +22.7% |
| 54893 | $290K | $300K | +3.4% |
Housing Supply in 54893, WI
How many homes are available in 54893, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 55 | -3.5% |
Summary: The 54893 real estate market had 55 homes for sale in October 2024, a 3.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 19 | 13 | -31.6% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 54893 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 31.6%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 54893, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 54893 in October 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for 54893, WI
How long does it take to sell a home in 54893, WI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 43 Days | -47.1% |
Summary: Homes in 54893 had an average of 43 days on market in Oct 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 54893 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 54893; 22% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
