57078 sellers are asking well above what homes are actually closing for

The median home in 57078 is listed at $319,450. The median home that actually sold this window went for $292,450. Sellers are asking well above what buyers are actually paying.

There's no price history to compare this against yet — 57078 doesn't have a baseline in this system — so we can't say whether that gap is widening or narrowing. We can only say it's there, right now, and it's real.

Here's the rest of the picture. Nine new listings hit the market this week. Ten homes sold. Active inventory sits at 84. The median home sat on the market 53.50 days before going under contract, and the median price per square foot across sales was $173.42.

Three homes took price cuts this window, and two of them show the gap in practice:

- 2208 Valley Rd, 57078 — cut 24,900, now 405,000, 3,241 sqft, 4 bd, 41 days on market - 603 Burgess Rd, 57078 — cut 3,000, now 317,000, 2,051 sqft, 4 bd, 16 days on market

A third home in the zip also took a cut this window. Three cuts isn't enough to call it a trend across the zip. But it's consistent with the broader number: sellers here are testing a price, and the market is answering back below it.

What this means if you're selling in 57078: the $319,450 median ask isn't what the market is actually paying. If your list price doesn't reflect the $292,450 median sale, expect the 53.50-day median time on market to stretch, or expect a cut like the two above.

What this means if you're buying: the distance between the median list price and the median sale price is negotiating room. It's not a guarantee on any specific house, but it tells you the asking price in this zip is, on average, a starting point — not the finish line.

We'll keep watching 57078 as more weeks of data build a baseline. For now, the number to know is $292,450. That's what's actually closing.