Is 54896, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54896 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54896 was a Seller's Market.

Key Takeaway

54896 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54896, WI

How much do homes in 54896, WI cost?

Median Sold Price

$305,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+7.0%)

Key Takeaway

Homes in 54896 have sold for 7% more than they did a year ago.

Summary: The median home sold price in 54896 was $305,000 in October 2024, up 7% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$100.6K
N/A
2 $136.1K$250K
+83.6%
3 $285K$410K
+43.9%
4 $479.3K$473.5K
-1.2%
5+ $750K-
N/A

Summary: 54896 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 83.6%, 3 bedroom homes increased by 43.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54896
+7.0%
54530
-15.8%

Housing Supply in 54896, WI

How many homes are available in 54896, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35350.0%

Summary: The 54896 real estate market had 35 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 53
-40.0%
2 1618
+12.5%
3 99
0.0%
4 22
0.0%
5+ 33
0.0%

Summary: The 54896 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54896, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54896 in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 54896, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 21 Days Ago

Newest Listings in 54896, WI

Nearby Markets to 54896, WI