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 seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Ashland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ashland County, WI

How much do homes in Ashland County, WI cost?

Median Sold Price

$260,000

$126/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$83,500(+47.3%)

Key Takeaway

Homes in Ashland County have sold for 47.3% more than they did a month ago.

Summary: The median home sold price in Ashland County was $260,000 in February 2024, up 47.3% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $275K-
N/A
2 -$260K
N/A
3 $176.5K$197K
+11.6%
4 $167K$290K
+73.7%
5+ -$141K
N/A

Summary: Ashland County housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 73.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Ashland County
+47.3%
Bayfield County
-29.6%
Price County
-48.3%
Iron County
-63.7%

Housing Supply in Ashland County, WI

How many homes are available in Ashland County, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
8083+3.8%

Summary: The Ashland County real estate market had 83 homes for sale in February 2024, a 3.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 54
-20.0%
2 2022
+10.0%
3 4142
+2.4%
4 1010
0.0%
5+ 45
+25.0%

Summary: The Ashland County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 2.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
818+125.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 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. 52.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Ashland County in February 2024, up by 125.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 18% were sold at asking, and 29% were sold over asking.

Days on Market for Ashland County, WI

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

Breakdown of Home Sale Times

2 Homes Were 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 February 2024, 18 homes were sold in Ashland County; 11% 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 1 Day Ago

Newest Listings in Ashland County, WI

Nearby Markets to Ashland County, WI

What housing markets are near Ashland County, WI?