Is 54902, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54902 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54902 has remained a Seller's Market.

Key Takeaway

54902 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54902, WI

How much do homes in 54902, WI cost?

Median Sold Price

$202,633

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,633(+5.5%)

Key Takeaway

Homes in 54902 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 54902 was $202,633 in October 2024, up 5.5% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $118.2K$142.5K
+20.5%
2 $168.1K$174.9K
+4.0%
3 $205K$206.2K
+0.6%
4 $230K$263.5K
+14.6%
5+ $284.5K$325K
+14.2%

Summary: 54902 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.5%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 14.2%.

Median Sold Price Compared To Nearby Zip Codes

53014
+18.4%
54901
+12.8%
54902
+5.5%
54904
+1.7%

Housing Supply in 54902, WI

How many homes are available in 54902, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6772+7.5%

Summary: The 54902 real estate market had 72 homes for sale in October 2024, a 7.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 1414
0.0%
3 3335
+6.1%
4 1516
+6.7%
5+ 13
+200.0%

Summary: The 54902 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 remained the same, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2220-9.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54902, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 54902 in October 2024, down by 9.1% month-over-month. Of the 20 sold homes, 35% were sold under asking, 5% were sold at asking, and 60% were sold over asking.

Days on Market for 54902, 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 23 Days Ago

Newest Listings in 54902, WI

Nearby Markets to 54902, WI