$5,106 Closing Credit*
$429,999
3,210 SqFt
6 Beds
•3 Full Baths
#1989815, Randall Seeley, Listing Office: NextHome Prime Real Estate
Is Richland County, 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, Richland County has remained a Seller's Market.
Key Takeaway
Richland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Richland County, WI
How much do homes in Richland County, WI cost?
Median Sold Price
$195,450
$153/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$96,250(-33.0%)
Key Takeaway
Homes in Richland County have sold for 33% less than they did a month ago.
Summary: The median home sold price in Richland County was $195,450 in October 2024, down 33% from last month, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $147.3K | $146.9K | -0.3% |
| 3 Bedrooms | $295K | $318.5K | +8.0% |
| 4 Bedrooms | $449.2K | $168.6K | -62.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Richland County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 62.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Sauk County | $339.9K | $340K | 0.0% |
| Iowa County | $320K | $297K | -7.2% |
| Grant County | $235K | $211K | -10.2% |
| Richland County | $291.7K | $195.4K | -33.0% |
Housing Supply in Richland County, WI
How many homes are available in Richland County, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 45 | +9.8% |
Summary: The Richland County real estate market had 45 homes for sale in October 2024, a 9.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Richland County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richland County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Richland County in October 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Richland County, WI
We’re sorry, we don't have information for this market at the moment
