Is Ashland County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashland County is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Ashland County has remained a Seller's Market.

Key Takeaway

Ashland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ashland County, WI

How much do homes in Ashland County, WI cost?

Median Sold Price

$200,500

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$34,500(-14.7%)

Key Takeaway

Homes in Ashland County have sold for 14.7% less than they did a year ago.

Summary: The median home sold price in Ashland County was $200,500 in May 2024, down 14.7% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $119.5K$240.7K
+101.5%
2 $202.5K$192K
-5.2%
3 $309.5K$190.5K
-38.4%
4 $185K$220K
+18.9%
5+ $1.2M$375K
-68.8%

Summary: Ashland County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 101.5%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 38.4%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 68.8%.

Median Sold Price Compared To Nearby Counties

Bayfield County
+1.8%
Sawyer County
-8.5%
Ashland County
-14.7%

Housing Supply in Ashland County, WI

How many homes are available in Ashland County, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9094+4.4%

Summary: The Ashland County real estate market had 94 homes for sale in May 2024, a 4.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 67
+16.7%
2 2625
-3.8%
3 4244
+4.8%
4 1215
+25.0%
5+ 43
-25.0%

Summary: The Ashland County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1820+11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashland County, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in Ashland County in May 2024, up by 11.1% month-over-month. Of the 17 sold homes, 29% were sold under asking, 47% were sold at asking, and 24% were sold over asking.

Days on Market for Ashland County, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 1 Day Ago

Newest Listings in Ashland County, WI

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