Real Estate Market Update for 54880 (Superior, WI)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 98% from one year earlier, and down 67% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The number of units sold was consistent year-over-year, and held steady month-over-month. ... an indication that local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 54880 (Superior, WI)
Area Information for 54880 (Superior, WI)
  • Population: 31,305
  • Median Age: 36.13 yr
  • Median Commute Time: 13.63 mins
  • Educational Climate*: 3
  • Sales Tax: 5.5%
  • Population Density: 182/sq mi
  • Population Change Since 2000: 1.98%
  • Closest Airport: Duluth International
  • Closest College: University Of Wisconsin-superior
  • Closest Jr. College: Lake Superior College
  • Median Household Income: $42,030
  • Annual Residential Turnover: 14.84%
  • Median Years in Residence: 4.2 yr
  • Median Home Sales Price: $95,000
  • Closest Major Sports Team: Minnesota Wild
  • Change Avg. Household Income Since 2000: 26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 54880 (Superior, WI)
Median Age: 36.13 Married: 33% Number of Households: 12,614 Households with Children: 3,439
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 54880 (Superior, WI)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Maranatha Academy 2.7 mi Private PRESCHOOL-12 0 5
      Bryant Elementary School 3.7 mi Public K-5 3-5 5
      Superior Middle School 5.6 mi Public 6-8 1 2
      Superior Community Preschool 5.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Northern Lights Elementary School 6.3 mi Public K-5 2-5 3
      Superior High School 6.5 mi Public 9-12 2 3
      Cooper Elementary School 6.6 mi Public PRESCHOOL-5 3 4
      Great Lakes Elementary School 6.8 mi Public PRESCHOOL-5 3-5 3
      Four Corners Elementary School 7.2 mi Public PRESCHOOL-5 4 4
      Cathedral School 7.3 mi Catholic PRESCHOOL-8 0 4
      Lake Superior Elementary School 7.4 mi Public PRESCHOOL-5 2-5 4
      Twin Ports Baptist School 7.5 mi Private K-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 54880 (Superior, WI)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.