Is 54956, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54956 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54956 has remained a Seller's Market.

Key Takeaway

54956 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54956, WI

How much do homes in 54956, WI cost?

Median Sold Price

$319,670

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,670(+10.2%)

Key Takeaway

Homes in 54956 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 54956 was $319,670 in November 2024, up 10.2% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $254K$180K
-29.1%
2 $175K$211K
+20.6%
3 $268.7K$296.3K
+10.3%
4 $361K$385K
+6.6%
5+ $599.9K$500K
-16.7%

Summary: 54956 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.1%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 16.7%.

Median Sold Price Compared To Nearby Zip Codes

54901
+11.5%
54956
+10.2%
54952
+7.6%
54944
+6.9%
54914
+6.0%

Housing Supply in 54956, WI

How many homes are available in 54956, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
154134-13.0%

Summary: The 54956 real estate market had 134 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2518
-28.0%
3 8265
-20.7%
4 3640
+11.1%
5+ 1111
0.0%

Summary: The 54956 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5337-30.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54956, you could pay more than the asking price. 51.4% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in 54956 in November 2024, down by 30.2% month-over-month. Of the 37 sold homes, 30% were sold under asking, 19% were sold at asking, and 51% were sold over asking.

Days on Market for 54956, 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 17 Days Ago

Newest Listings in 54956, WI

Nearby Markets to 54956, WI