Is 54911, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54911 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54911 has remained a Seller's Market.

Key Takeaway

54911 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54911, WI

How much do homes in 54911, WI cost?

Median Sold Price

$252,750

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,750(+9.9%)

Key Takeaway

Homes in 54911 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 54911 was $252,750 in October 2024, up 9.9% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $196.2K$156K
-20.5%
2 $184K$195K
+6.0%
3 $240K$255K
+6.3%
4 $259K$298.9K
+15.4%
5+ $307.5K$350K
+13.8%

Summary: 54911 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.5%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 13.8%.

Median Sold Price Compared To Nearby Zip Codes

54140
+13.4%
54911
+9.9%
54136
+4.9%
54915
+3.4%

Housing Supply in 54911, WI

How many homes are available in 54911, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5260+15.4%

Summary: The 54911 real estate market had 60 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 118
-27.3%
3 2534
+36.0%
4 1316
+23.1%
5+ 21
-50.0%

Summary: The 54911 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 decreased by 27.3%, 3 bedroom homes increased by 36%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1819+5.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54911, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 54911 in October 2024, up by 5.6% month-over-month. Of the 19 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.

Days on Market for 54911, 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 13 Days Ago

Newest Listings in 54911, WI

Nearby Markets to 54911, WI