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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54981 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54981 was a Seller's Market.

Key Takeaway

54981 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 54981, WI

How much do homes in 54981, WI cost?

Median Sold Price

$315,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,000(+26.0%)

Key Takeaway

Homes in 54981 have sold for 26% more than they did a year ago.

Summary: The median home sold price in 54981 was $315,000 in October 2024, up 26% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$176.5K
+7.0%
2 $163.7K$220K
+34.4%
3 $255K$305.5K
+19.8%
4 $329K$341.9K
+3.9%
5+ $1.4M$375K
-74.1%

Summary: 54981 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 34.4%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 74.1%.

Median Sold Price Compared To Nearby Zip Codes

54984
+28.7%
54981
+26.0%
54983
0%

Housing Supply in 54981, WI

How many homes are available in 54981, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7380+9.6%

Summary: The 54981 real estate market had 80 homes for sale in October 2024, a 9.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1110
-9.1%
3 3946
+17.9%
4 1617
+6.3%
5+ 55
0.0%

Summary: The 54981 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 decreased by 9.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 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. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 54981 in October 2024, down by 33.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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 14 Days Ago

Newest Listings in 54981, WI

Nearby Markets to 54981, WI