Is 54904, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54904 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54904 has remained a Seller's Market.

Key Takeaway

54904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54904, WI

How much do homes in 54904, WI cost?

Median Sold Price

$325,500

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,500(+1.7%)

Key Takeaway

Homes in 54904 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 54904 was $325,500 in October 2024, up 1.7% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $114.9K$230K
+100.2%
2 $261.2K$260K
-0.5%
3 $310K$320K
+3.2%
4 $370.4K$380K
+2.6%
5+ $454.4K$565K
+24.3%

Summary: 54904 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100.2%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 24.3%.

Median Sold Price Compared To Nearby Zip Codes

54901
+12.8%
54902
+5.5%
54904
+1.7%
54963
-12.7%

Housing Supply in 54904, WI

How many homes are available in 54904, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8089+11.3%

Summary: The 54904 real estate market had 89 homes for sale in October 2024, a 11.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 3242
+31.3%
4 2924
-17.2%
5+ 79
+28.6%

Summary: The 54904 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 16.7%, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23230.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54904, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in 54904 in October 2024, the same as the previous month. Of the 23 sold homes, 30% were sold under asking, 9% were sold at asking, and 61% were sold over asking.

Days on Market for 54904, 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 54904, WI

Nearby Markets to 54904, WI