Is Ashland County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashland County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Ashland County was a Seller's Market.

Key Takeaway

Ashland County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Ashland County, WI

How much do homes in Ashland County, WI cost?

Median Sold Price

$180,000

$126/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$69,500(-27.9%)

Key Takeaway

Homes in Ashland County have sold for 27.9% less than they did a month ago.

Summary: The median home sold price in Ashland County was $180,000 in March 2024, down 27.9% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$380K
N/A
2 $260K$237.5K
-8.7%
3 $179K$175K
-2.2%
4 $290K$141K
-51.4%
5+ $141K-
N/A

Summary: Ashland County 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 decreased by 8.7%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 51.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Bayfield County
+11.9%
Price County
-18.6%
Ashland County
-27.9%

Housing Supply in Ashland County, WI

How many homes are available in Ashland County, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8486+2.4%

Summary: The Ashland County real estate market had 86 homes for sale in March 2024, a 2.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 66
0.0%
2 2019
-5.0%
3 4246
+9.5%
4 1110
-9.1%
5+ 55
0.0%

Summary: The Ashland County 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 decreased by 5%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 14 homes were sold or pending in Ashland County in March 2024, down by 22.2% month-over-month. Of the 14 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Ashland County, WI

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

Average Sale Time

Feb 2024Mar 2024CHANGE
14 Days4 Days-71.4%

Summary: Homes in Ashland County had an average of 4 days on market in Mar 2024, down by 71.4% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 14 homes were sold in Ashland County; 7% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Ashland County, WI

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