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 October 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

$319,600

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,600(+10.6%)

Key Takeaway

Homes in 54956 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 54956 was $319,600 in October 2024, up 10.6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$219K
-12.4%
2 $175K$213K
+21.7%
3 $269.5K$291.5K
+8.2%
4 $350K$388.2K
+10.9%
5+ $518.5K$500K
-3.6%

Summary: 54956 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 3.6%.

Median Sold Price Compared To Nearby Zip Codes

54901
+12.8%
54956
+10.6%
54952
+9.9%
54914
+6.0%
54944
+1.4%

Housing Supply in 54956, WI

How many homes are available in 54956, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
152158+3.9%

Summary: The 54956 real estate market had 158 homes for sale in October 2024, a 3.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2123
+9.5%
3 8484
0.0%
4 3637
+2.8%
5+ 1114
+27.3%

Summary: The 54956 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 9.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4750+6.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

26 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. 52% of homes here sold above asking price last month.

Summary: A total of 50 homes were sold or pending in 54956 in October 2024, up by 6.4% month-over-month. Of the 50 sold homes, 24% were sold under asking, 24% were sold at asking, and 52% 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 14 Days Ago

Newest Listings in 54956, WI

Nearby Markets to 54956, WI