$1,425 Closing Credit*
$120,000
2,048 SqFt
3 Beds
•1 Full Bath
Brandi Russo, Listing Office: Howard Hanna Holt - Mayville
Is Ripley, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ripley has remained a Seller's Market.
Key Takeaway
Ripley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ripley, NY
How much do homes in Ripley, NY cost?
Median Sold Price
$157,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+25.6%)
Key Takeaway
Homes in Ripley have sold for 25.6% more than they did a year ago.
Summary: The median home sold price in Ripley was $157,000 in November 2024, up 25.6% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $177.5K | +79.3% |
| 2 Bedrooms | $133K | $280K | +110.5% |
| 3 Bedrooms | $105K | $130K | +23.8% |
| 4 Bedrooms | $97.2K | $135K | +38.8% |
| 5+ Bedrooms | $131.2K | $34K | -74.1% |
Summary: Ripley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 79.3%, 2 bedroom homes increased by 110.5%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes decreased by 74.1%.
Housing Supply in Ripley, NY
How many homes are available in Ripley, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Ripley real estate market had 8 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ripley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ripley, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Ripley in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ripley, NY
How long does it take to sell a home in Ripley, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 25 Days | +733.3% |
Summary: Homes in Ripley had an average of 25 days on market in Nov 2024, up by 733.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ripley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Ripley; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
