54703 Housing Market Report January 2025•Eau Claire County, Wisconsin

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Housing Prices in 54703, WI

How much do homes in 54703, WI cost?

Housing Market Conditions

Is 54703, WI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

54703 is a Seller's Market

Difference Since January 2024

Since last year, 54703 has remained a Seller's Market.

Insight

54703 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$285,140$164/SqFt
+$15,156
+5.6%

Based on all homes sold in the last 12 months

Insight

Homes in 54703 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 54703 was $285,140 in January 2025, up 5.6% from last year, and the median price per square foot was $164.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
54701
+6.9%
54703
+5.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$149.4K$131.6K
-11.9%
2$197.4K$231K
+17.0%
3$275K$288K
+4.7%
4$340K$319.9K
-5.9%
5$330K$449K
+36.1%

Summary: 54703 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -11.9%. The home price for 2 bedroom homes increased by +17.0%. The home price for 3 bedroom homes increased by +4.7%. The home price for 4 bedroom homes decreased by -5.9%. The home price for 5 bedroom homes increased by +36.1%.

Housing supply in 54703, WI

How many homes are available in 54703, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
161Last MonthJan 2025
1702 months agoDec 2024
-5.3 %
Change MoMDec – Jan

Summary: The 54703 real estate market had 161 homes for sale in Jan 2025, a 5.3 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
33Last MonthJan 2025
432 months agoDec 2024
-23.3 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
122
0.0%
22529
+16.0%
39081
-10.0%
43834
-10.5%
51515
0.0%

Summary: 54703 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +16.0%. The inventory for 3 bedroom homes decreased by -10.0%. The inventory for 4 bedroom homes decreased by -10.5%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 54703, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price6 Homes

At Asking Price3 Homes

Under Asking Price24 Homes

Insight

If you're buying a home in 54703, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 54703 in January 2025, down by 23.3% month-over-month. Of the 33 sold homes, 73% were sold under asking, 9% were sold at asking, and and 18% were sold over asking.

Days on Market for 54703, WI

How long does it take to sell a home in 54703, WI?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in 54703 has remained consistent over time.

Summary: During January 2025, 33 homes were sold in 54703; 6% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
40 DaysThis YearJan 2025
55 Days1 year agoJan 2024
-26.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 54703 had an average listing age of 40 days in Jan 2025, down by 26.9% compared to the previous year.

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Newest Listings in 54703, WI

What homes are available in 54703, WI?

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MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 02/01/2023 - 02/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 4:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.