Is Rib Mountain, 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 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
$347,000
$130/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Rib Mountain have sold for 7.8% less than they did a month ago.
Summary: The median home sold price in Rib Mountain was $347,000 in April 2024, down 7.8% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $330K | $285K | -13.6% |
| 4 Bedrooms | $422.5K | $347K | -17.9% |
| 5+ Bedrooms | - | $810K | N/A |
Summary: Rib Mountain 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 decreased by 13.6%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Stettin | $260K | $547.4K | +110.6% |
| Wausau | $205K | $285K | +39.0% |
| Rib Mountain | $376.2K | $347K | -7.8% |
Housing Supply in Rib Mountain, WI
How many homes are available in Rib Mountain, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Rib Mountain real estate market had 15 homes for sale in April 2024, a 36.4% increase 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 | 3 | +200.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Rib Mountain 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 increased by 200%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rib Mountain, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Rib Mountain in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
