Is Ashland, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ashland has remained a Seller's Market.
Key Takeaway
Ashland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashland, WI
How much do homes in Ashland, WI cost?
Median Sold Price
$185,000
$126/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Ashland have sold for 14% less than they did a month ago.
Summary: The median home sold price in Ashland was $185,000 in March 2024, down 14% from last month, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $325K | +44.4% |
| 3 Bedrooms | $172K | $175K | +1.7% |
| 4 Bedrooms | $290K | $201K | -30.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ashland housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 30.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Eileen | $290K | $260K | -10.3% |
| Ashland | $215K | $185K | -14.0% |
Housing Supply in Ashland, WI
How many homes are available in Ashland, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 48 | +6.7% |
Summary: The Ashland real estate market had 48 homes for sale in March 2024, a 6.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 25 | 26 | +4.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Ashland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashland, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Ashland in March 2024, down by 15.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 0% were sold at asking, and 55% were sold over asking.
Days on Market for Ashland, WI
How long does it take to sell a home in Ashland, WI?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 Days | 4 Days | -80.0% |
Summary: Homes in Ashland had an average of 4 days on market in Mar 2024, down by 80% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ashland are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in Ashland; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
