Is Ashland, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ashland has remained a Seller's Market.
Key Takeaway
Ashland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashland, WI
How much do homes in Ashland, WI cost?
Median Sold Price
$185,500
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ashland have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Ashland was $185,500 in April 2024, down 2.4% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $112K | N/A |
| 2 Bedrooms | $119K | $149.9K | +26.0% |
| 3 Bedrooms | $225.2K | $183K | -18.8% |
| 4 Bedrooms | $267.5K | $225K | -15.9% |
| 5+ Bedrooms | - | $349K | N/A |
Summary: Ashland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.
Housing Supply in Ashland, WI
How many homes are available in Ashland, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 48 | -2.0% |
Summary: The Ashland real estate market had 48 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ashland 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 decreased by 7.7%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashland, 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 Ashland in April 2024, the same as the previous month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Ashland, WI
How long does it take to sell a home in Ashland, WI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Ashland are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 12 homes were sold in Ashland; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
