Is Rib Lake, 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, Rib Lake has remained a Seller's Market.
Key Takeaway
Rib Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rib Lake, WI
How much do homes in Rib Lake, WI cost?
Median Sold Price
$99,900
$92/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Rib Lake have sold for 40% less than they did a month ago.
Summary: The median home sold price in Rib Lake was $99,900 in April 2024, down 40% from last month, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $53K | $99.9K | +88.5% |
| 4 Bedrooms | $280K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Rib Lake housing prices by bedroom type for April 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 88.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Rib Lake, WI
How many homes are available in Rib Lake, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Rib Lake real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rib Lake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rib Lake, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Rib Lake in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Rib Lake, WI
We’re sorry, we don't have information for this market at the moment
