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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Richland County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Richland County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Richland County, WI cost?

Median Sold Price

$155,000

$99/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$43,000(-21.7%)

Key Takeaway

Homes in Richland County have sold for 21.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 $700K$55K
-92.1%
2 $145K$106K
-26.9%
3 $225K$155K
-31.1%
4 $276.5K$159.9K
-42.1%
5+ --
N/A

Median Sold Price Compared To Nearby Counties

Crawford County
+8.9%
Iowa County
+8.0%
Sauk County
+0.9%
Vernon County
-11.1%
Richland County
-21.7%

How many homes are available in Richland County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
7564-14.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 32
-33.3%
2 1813
-27.8%
3 3127
-12.9%
4 1917
-10.5%
5+ 45
+25.0%

Number of Homes Sold

Sep 2022Oct 2022%
2213-40.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Richland County, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.

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

About Richland County, WI

Number of homes for sale in Richland County, WI real estate market have reached 64. The inventory of homes for sale in Richland County, WI between September 2022 and October 2022 decreased by 14.7%. From October 2021 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties decreased by 92.1%, 2 bedrooms properties prices decreased by 26.9%, prices of 3 bedrooms properties went down by 31.1%, prices of 4 bedrooms properties decreased by 42.1%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 33.3%, the quantity of 2 bedrooms homes went down by 27.8%, 3 bedrooms homes became 12.9% less available, volume of 4 bedrooms homes went down by 10.5%, 5 bedrooms homes inventory increased by 25%. While more than 4 listings in Richland County, WI in October 2022 were sold above asking price, there were more than 5 listings sold at asking price, and more than 4 were sold below.

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