Is 54981, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54981 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 54981 has remained a Seller's Market.

Key Takeaway

54981 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54981, WI

How much do homes in 54981, WI cost?

Median Sold Price

$300,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+15.4%)

Key Takeaway

Homes in 54981 have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in 54981 was $300,000 in November 2024, up 15.4% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $170.7K$214K
+25.3%
2 $178K$185K
+3.9%
3 $261K$300K
+14.9%
4 $339.9K$340K
0.0%
5+ $700K$390K
-44.3%

Summary: 54981 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.3%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 14.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 44.3%.

Median Sold Price Compared To Nearby Zip Codes

54984
+25.6%
54981
+15.4%
54983
-1.6%

Housing Supply in 54981, WI

How many homes are available in 54981, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
77770.0%

Summary: The 54981 real estate market had 77 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 910
+11.1%
3 4547
+4.4%
4 1615
-6.3%
5+ 54
-20.0%

Summary: The 54981 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1019+90.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54981, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 54981 in November 2024, up by 90.0% month-over-month. Of the 19 sold homes, 53% were sold under asking, 26% were sold at asking, and 21% were sold over asking.

Days on Market for 54981, 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 54981, WI

Nearby Markets to 54981, WI