Is 54986, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 54986 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 54986 has remained a Seller's Market.

Key Takeaway

54986 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 54986, WI

How much do homes in 54986, WI cost?

Median Sold Price

$315,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$65,000(-17.1%)

Key Takeaway

Homes in 54986 have sold for 17.1% less than they did a year ago.

Summary: The median home sold price in 54986 was $315,000 in October 2024, down 17.1% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$131K
N/A
2 $325K$250K
-23.1%
3 $352K$311K
-11.6%
4 $585K$368K
-37.1%
5+ -$629K
N/A

Summary: 54986 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 37.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

54940
+2.1%
54963
-12.7%
54986
-17.1%

Housing Supply in 54986, WI

How many homes are available in 54986, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1719+11.8%

Summary: The 54986 real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 54
-20.0%
3 26
+200.0%
4 55
0.0%
5+ 44
0.0%

Summary: The 54986 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 54986, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 54986 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 54986, 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 20 Days Ago

Newest Listings in 54986, WI

Nearby Markets to 54986, WI