Is 54923, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54923 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54923 was a Seller's Market.

Key Takeaway

54923 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54923, WI

How much do homes in 54923, WI cost?

Median Sold Price

$209,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,500(+12.1%)

Key Takeaway

Homes in 54923 have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in 54923 was $209,000 in October 2024, up 12.1% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $121K$139K
+14.9%
2 $133K$160K
+20.3%
3 $204.9K$213.9K
+4.4%
4 $227K$192K
-15.4%
5+ $321K$435K
+35.5%

Summary: 54923 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 35.5%.

Median Sold Price Compared To Nearby Zip Codes

54923
+12.1%
54970
+6.2%
54963
-12.7%

Housing Supply in 54923, WI

How many homes are available in 54923, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3037+23.3%

Summary: The 54923 real estate market had 37 homes for sale in October 2024, a 23.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1924
+26.3%
4 58
+60.0%
5+ 00
0.0%

Summary: The 54923 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 16.7%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54923, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 54923 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 54923, 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 14 Days Ago

Newest Listings in 54923, WI

Nearby Markets to 54923, WI