Is Rib Mountain, 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, Rib Mountain has remained a Seller's Market.
Key Takeaway
Rib Mountain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rib Mountain, WI
How much do homes in Rib Mountain, WI cost?
Median Sold Price
$265,625
$150/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Rib Mountain have sold for 49.9% less than they did a month ago.
Summary: The median home sold price in Rib Mountain was $265,625 in May 2024, down 49.9% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $241K | N/A |
| 3 Bedrooms | $285K | $226K | -20.7% |
| 4 Bedrooms | $530K | $368.7K | -30.4% |
| 5+ Bedrooms | $810K | $425K | -47.5% |
Summary: Rib Mountain housing prices by bedroom type for May 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 decreased by 20.7%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes decreased by 47.5%.
Housing Supply in Rib Mountain, WI
How many homes are available in Rib Mountain, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 32 | +100.0% |
Summary: The Rib Mountain real estate market had 32 homes for sale in May 2024, a 100.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 17 | +183.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Rib Mountain housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 183.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rib Mountain, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Rib Mountain in May 2024, up by 150.0% month-over-month. Of the 10 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Rib Mountain, WI
We’re sorry, we don't have information for this market at the moment
