54729 Housing Market Report February 2025•Chippewa County, Wisconsin

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Housing Prices in 54729, WI

How much do homes in 54729, WI cost?

Housing Market Conditions

Is 54729, 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

54729 is a Seller's Market

Difference Since February 2024

Since last year, 54729 has remained a Seller's Market.

Insight

54729 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.
$337,750$168/SqFt
+$38,116
+12.7%

Based on all homes sold in the last 12 months

Insight

Homes in 54729 have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in 54729 was $337,750 in February 2025, up 12.7% from last year, and the median price per square foot was $168.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
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
54727
+22.1%
54729
+12.7%
54703
+9.3%
54724
-10.1%

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.
BedsFeb 2024Feb 2025Change YoY
1$147.5K$320K
+116.9%
2$201.5K$222K
+10.2%
3$285.5K$300K
+5.1%
4$392.5K$385K
-1.9%
5$397K$465K
+17.1%

Summary: 54729 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +116.9%. The home price for 2 bedroom homes increased by +10.2%. The home price for 3 bedroom homes increased by +5.1%. The home price for 4 bedroom homes decreased by -1.9%. The home price for 5 bedroom homes increased by +17.1%.

How does 54729, WI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

54729, WI

Housing supply in 54729, WI

How many homes are available in 54729, 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
122Last MonthFeb 2025
1062 months agoJan 2025
+15.1 %
Change MoMJan – Feb

Summary: The 54729 real estate market had 122 homes for sale in Feb 2025, a 15.1 % increase compared to Jan 2025.

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
24Last MonthFeb 2025
112 months agoJan 2025
+118.2 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
111
0.0%
21622
+37.5%
35462
+14.8%
42023
+15.0%
51514
-6.7%

Summary: 54729 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +37.5%. The inventory for 3 bedroom homes increased by +14.8%. The inventory for 4 bedroom homes increased by +15.0%. The inventory for 5 bedroom homes decreased by -6.7%.

Asking Price vs. Sold Price

How much do homes in 54729, 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 Price6 Homes

Under Asking Price12 Homes

Insight

If you're buying a home in 54729, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 54729 in February 2025, up by 118.2% month-over-month. Of the 24 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.

Days on Market for 54729, WI

How long does it take to sell a home in 54729, WI?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in 54729 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 24 homes were sold in 54729; 4% of homes were sold within 30 days, 4% 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
34 DaysThis YearFeb 2025
57 Days1 year agoFeb 2024
-40.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 54729 had an average listing age of 34 days in Feb 2025, down by 40.0% compared to the previous year.

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Newest Listings in 54729, WI

What homes are available in 54729, 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 03/01/2023 - 03/01/2025

© 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: 3/13/2025, 3:20:54 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: 3/13/2025, 3:22:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.