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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54971 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54971 was a Seller's Market.

Key Takeaway

54971 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 54971, WI

How much do homes in 54971, WI cost?

Median Sold Price

$253,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$53,000(+26.5%)

Key Takeaway

Homes in 54971 have sold for 26.5% more than they did a year ago.

Summary: The median home sold price in 54971 was $253,000 in October 2024, up 26.5% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72K$132K
+83.3%
2 $165K$210K
+27.3%
3 $217K$235K
+8.3%
4 $220K$300K
+36.4%
5+ $205K$325K
+58.5%

Summary: 54971 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.3%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 58.5%.

Median Sold Price Compared To Nearby Zip Codes

54971
+26.5%
54941
+7.4%

Housing Supply in 54971, WI

How many homes are available in 54971, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3126-16.1%

Summary: The 54971 real estate market had 26 homes for sale in October 2024, a 16.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1616
0.0%
4 95
-44.4%
5+ 21
-50.0%

Summary: The 54971 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54971 in October 2024, down by 69.2% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Nearby Markets to 54971, WI