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Appleton, WI 54914 Real Estate Market Report

ZIP Code: 54914
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
56
Active Listings
5
Sold Properties
51

Market Metrics

Median Listing Price
$335,000
Median Sold Price
$279,000
Median Price per Sqft
$188/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,395

Property Taxes

Property Tax Rate
1.08%

Liquidity & Velocity

Median Days on Market
219
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Appleton, WI are averaging 6.34%, reflecting the broader market volatility seen throughout 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary indicator, median sold price: 279,000, shows realized market value for recent transactions and anchors pricing expectations for Appleton ZIP 54914; given the market context, this figure should be treated as the representative recent sale benchmark.

  2. Despite a higher median listing price: 335,000 relative to the median sold price, actual sale outcomes suggest pricing friction between seller expectations and transaction prices rather than definitive market collapse.

  3. Liquidity appears muted on a velocity basis as the median days on market: 219 suggests slower movement of listings and may indicate moderate sales velocity even though the broader market is described as hot.

  4. Macro and demand signals remain supportive: the market temperature is hot with prices and rents trending up, while interest rate pressure is moderate and local 30-year fixed mortgage rates are 6.34%, all of which suggests continued buyer activity but with some financing sensitivity.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3556 W Grand Meadows Dr, Appleton, WI 54914
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
2 baths
2,700 sqft
$565,000
Feb 1, 2026
$209/sqft/sqft
211 days on market
2008 N Eugene St, Appleton, WI 54914
Market Benchmark

Sold at market average

4 beds
2 baths
2,414 sqft
$441,000
Feb 1, 2026
$183/sqft/sqft
624 S Keller Park Dr, Appleton, WI 54914
Value

Sold below market average

3 beds
2 baths
2,748 sqft
$435,000
Mar 1, 2026
$158/sqft/sqft
163 days on market
1719 S Seminole Rd, Appleton, WI 54914
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,232 sqft
$285,000
Mar 1, 2026
$231/sqft/sqft
95 days on market
1201 W Brewster St, Appleton, WI 54914
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,220 sqft
$282,500
Mar 1, 2026
$232/sqft/sqft
86 days on market
928 W Browning St, Appleton, WI 54914
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,392 sqft
$282,000
Mar 1, 2026
$203/sqft/sqft
1813 W Summer St, Appleton, WI 54914
Premium

Sold above market average

2 beds
1 baths
740 sqft
$160,000
Mar 1, 2026
$216/sqft/sqft
100 days on market
915 S Outagamie St, Appleton, WI 54914
Value

Sold below market average

2 beds
1 baths
816 sqft
$125,000
Feb 1, 2026
$153/sqft/sqft
85 days on market

Appleton, WI 54914 Real Estate Market Report

ZIP Code: 54914
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
51
Active Listings
0
Sold Properties
51

Market Metrics

Median Listing Price
$0
Median Sold Price
$224,500
Median Price per Sqft
$167/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,195

Property Taxes

Property Tax Rate
1.06%

Liquidity & Velocity

Median Days on Market
263
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Appleton, WI are averaging 6.34%, reflecting the broader market volatility seen throughout 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market value indicator is the 224,500 median sold price, which confirms ongoing price appreciation in Appleton ZIP 54914 and aligns with a hot local market and the reported price year-over-year trend of up.

  2. The 263 median days on market points to slower sales velocity than a typical hot market would suggest; this extended time to close may indicate pricing friction or a mismatch between seller expectations and transaction-ready buyers, so sellers should consider price or condition adjustments to accelerate offers.

  3. The 167 median price per square foot, paired with a 1,195 median market rent, suggests relative pricing strength for owner-occupiers and a rent trend that is also up, supporting continued interest from local renters transitioning to ownership.

  4. Financing headwinds are moderate: current 30-year fixed mortgage rates are averaging 6.34%, which, together with the market described as moderate interest rate pressure, may temper buyer purchasing power even as the market remains hot; price-setting strategies should account for this funding cost environment.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3209 N Mistwood Ln # 14, Appleton, WI 54914
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
1 baths
1,595 sqft
$300,000
Apr 1, 2026
$188/sqft/sqft
3540 N Terri Ln, Appleton, WI 54914
Premium

Sold above market average

2 beds
1 baths
1,156 sqft
$265,000
Mar 1, 2026
$229/sqft/sqft
80 days on market
71 Spencer Village Ct, Appleton, WI 54914
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2 baths
1,170 sqft
$227,500
Mar 1, 2026
$194/sqft/sqft
70 days on market
76 Spencer Village Ct, Appleton, WI 54914
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,184 sqft
$200,000
Apr 1, 2026
$169/sqft/sqft
86 days on market
801 S Olson Ave Unit A, Appleton, WI 54914
Market Benchmark

Sold at market average

2 beds
1 baths
1,128 sqft
$180,000
Apr 1, 2026
$160/sqft/sqft
107 days on market
3184 Justin Ct Unit 3, Appleton, WI 54914
Value

Sold below market average

2 beds
1 baths
907 sqft
$120,000
Feb 1, 2026
$132/sqft/sqft
156 days on market
3184 Justin Ct Unit 3, Appleton, WI 54914
Value

Sold below market average

2 beds
1 baths
907 sqft
$120,000
Feb 1, 2026
$132/sqft/sqft
156 days on market
819 S Westhaven Pl Unit C, Appleton, WI 54914
Value

Sold below market average

2 beds
1 baths
1,128 sqft
$115,000
Apr 1, 2026
$102/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$318/mo
54914 Avg Rent
54914 Cost to Own
Rent$1,395
Own$1,713

20% down, 6.3% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

54914 Avg nightly rate
54914 Avg occupancy (days/year)
Nightly rate$148/night
Occupancy121 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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