Is Ripon, WI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Ripon is a seller's market


Difference Since August 2022

Since last year, 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

How much do homes in Ripon, WI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Ripon have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Ripon was $193,000 in August 2023, up 4.3% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 -$110.4K
2 $129.5K$162.5K
3 $181K$221.6K
4 $210K$220K
5+ $435K$211.5K

Summary: Ripon housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 51.4%.

Housing Supply

How many homes are available in Ripon, WI?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Ripon real estate market had 38 homes for sale in August 2023, a 22.6% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 34
3 1922
4 810
5+ 12

Summary: The Ripon housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Ripon in August 2023, up by 33.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

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

Report Updated 25 Days Ago

Newest Listings

Nearby Markets