Is 54971, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54971 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54971 has remained a Seller's Market.

Key Takeaway

54971 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54971, WI

How much do homes in 54971, WI cost?

Median Sold Price

$249,900

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,900(+19.0%)

Key Takeaway

Homes in 54971 have sold for 19% more than they did a year ago.

Summary: The median home sold price in 54971 was $249,900 in November 2024, up 19% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $110.4K$132K
+19.5%
2 $163.7K$210K
+28.2%
3 $221K$228.9K
+3.6%
4 $220K$299.9K
+36.3%
5+ $446K$377.5K
-15.4%

Summary: 54971 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 28.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes decreased by 15.4%.

Housing Supply in 54971, WI

How many homes are available in 54971, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2630+15.4%

Summary: The 54971 real estate market had 30 homes for sale in November 2024, a 15.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 47
+75.0%
3 1513
-13.3%
4 69
+50.0%
5+ 11
0.0%

Summary: The 54971 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 increased by 75%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54971, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 54971 in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 54971, 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 54971, WI

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