Is Ripon, 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, Ripon has remained a Seller's Market.
Key Takeaway
Ripon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ripon, WI
How much do homes in Ripon, WI cost?
Median Sold Price
$195,000
$158/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Ripon have sold for 17.2% more than they did a month ago.
Summary: The median home sold price in Ripon was $195,000 in March 2024, up 17.2% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $137.5K | $193.7K | +40.9% |
| 4 Bedrooms | $299.9K | $1.5M | +400.2% |
| 5+ Bedrooms | $325K | - | N/A |
Summary: Ripon housing prices by bedroom type for March 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 40.9%, 4 bedroom homes increased by 400.2%, and 5+ bedroom homes did not change.
Housing Supply in Ripon, WI
How many homes are available in Ripon, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Summary: The Ripon real estate market had 22 homes for sale in March 2024, a 8.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Ripon housing inventory by bedroom type for March 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 7.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ripon, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Ripon in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Ripon, WI
We’re sorry, we don't have information for this market at the moment
