Is 54983, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54983 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 54983 was a Seller's Market.

Key Takeaway

54983 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 54983, WI

How much do homes in 54983, WI cost?

Median Sold Price

$244,950

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$50(0%)

Key Takeaway

The sold price of homes in 54983 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $80K$118K
+47.5%
2 $175.4K$190K
+8.3%
3 $325K$226.7K
-30.2%
4 $276.5K$280K
+1.3%
5+ $195K$309K
+58.5%

Summary: 54983 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 30.2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 58.5%.

Median Sold Price Compared To Nearby Zip Codes

54981
+26.0%
54961
+3.1%
54940
+2.1%
54983
0%
54949
-15.0%

Housing Supply in 54983, WI

How many homes are available in 54983, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1721+23.5%

Summary: The 54983 real estate market had 21 homes for sale in October 2024, a 23.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 711
+57.1%
4 43
-25.0%
5+ 22
0.0%

Summary: The 54983 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 remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54983, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 54983 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 54983, 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 54983, WI

Nearby Markets to 54983, WI