Is Rib Mountain, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rib Mountain is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Rib Mountain has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rib Mountain, WI

How much do homes in Rib Mountain, WI cost?

Median Sold Price

$265,625

$150/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$264,400(-49.9%)

Key Takeaway

Homes in Rib Mountain have sold for 49.9% less than they did a month ago.

Summary: The median home sold price in Rib Mountain was $265,625 in May 2024, down 49.9% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$241K
N/A
3 $285K$226K
-20.7%
4 $530K$368.7K
-30.4%
5+ $810K$425K
-47.5%

Summary: Rib Mountain housing prices by bedroom type for May 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 decreased by 20.7%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes decreased by 47.5%.

Housing Supply in Rib Mountain, WI

How many homes are available in Rib Mountain, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1632+100.0%

Summary: The Rib Mountain real estate market had 32 homes for sale in May 2024, a 100.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 617
+183.3%
4 57
+40.0%
5+ 25
+150.0%

Summary: The Rib Mountain housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 183.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Apr 2024May 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rib Mountain, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Rib Mountain in May 2024, up by 150.0% month-over-month. Of the 10 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Rib Mountain, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Rib Mountain, WI

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