$1,413 Closing Credit*
$119,000
1,131 SqFt
4 Beds
•1 Full Bath, 1 Partial
#1987306, Emily Bonfiglio, Listing Office: Better Homes and Gardens Real Estate Special Properties
Is Ripon, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
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 in Ripon, WI
How much do homes in Ripon, WI cost?
Median Sold Price
$250,950
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$50,950(+25.5%)
Key Takeaway
Homes in Ripon have sold for 25.5% more than they did a year ago.
Summary: The median home sold price in Ripon was $250,950 in September 2024, up 25.5% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110.4K | $132K | +19.5% |
| 2 Bedrooms | $163.7K | $210K | +28.2% |
| 3 Bedrooms | $222.2K | $222.9K | 0.3% |
| 4 Bedrooms | $220K | $299.9K | +36.3% |
| 5+ Bedrooms | $199K | $325K | +63.3% |
Summary: Ripon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 28.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes increased by 63.3%.
Housing Supply in Ripon, WI
How many homes are available in Ripon, WI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 38 | 33 | -13.2% |
Summary: The Ripon real estate market had 33 homes for sale in September 2024, a 13.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Ripon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ripon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Ripon in September 2024, down by 20.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Ripon, WI
We’re sorry, we don't have information for this market at the moment
