Is 54960, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54960 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54960 has remained a Seller's Market.

Key Takeaway

54960 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54960, WI

How much do homes in 54960, WI cost?

Median Sold Price

$313,500

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,000(+14.2%)

Key Takeaway

Homes in 54960 have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in 54960 was $313,500 in October 2024, up 14.2% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210.5K$285K
+35.4%
2 $262.5K$313.4K
+19.4%
3 $279K$325K
+16.5%
4 $272.5K$230K
-15.6%
5+ $380K$1.1M
+200.0%

Summary: 54960 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.4%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 200%.

Median Sold Price Compared To Nearby Zip Codes

54982
+16.0%
54960
+14.2%
54970
+6.2%

Housing Supply in 54960, WI

How many homes are available in 54960, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3226-18.8%

Summary: The 54960 real estate market had 26 homes for sale in October 2024, a 18.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1311
-15.4%
3 117
-36.4%
4 45
+25.0%
5+ 31
-66.7%

Summary: The 54960 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54960, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 54960 in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for 54960, 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 54960, WI

Nearby Markets to 54960, WI