$2,957 Closing Credit*
$249,000
1,680 SqFt
3 Beds
•1 Full Bath, 1 Partial
#1990888, Sarah Loberg, Listing Office: Better Homes and Gardens Real Estate Special Properties
Is Ripon, WI 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, Ripon has remained a Seller's Market.
Key Takeaway
Ripon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ripon, WI
How much do homes in Ripon, WI cost?
Median Sold Price
$249,700
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,700(+18.9%)
Key Takeaway
Homes in Ripon have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Ripon was $249,700 in November 2024, up 18.9% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110.4K | $132K | +19.5% |
| 2 Bedrooms | $163.7K | $210K | +28.2% |
| 3 Bedrooms | $221K | $222.9K | +0.9% |
| 4 Bedrooms | $220K | $299.9K | +36.3% |
| 5+ Bedrooms | $242K | $377.5K | +56.0% |
Summary: Ripon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 28.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes increased by 56%.
Housing Supply in Ripon, WI
How many homes are available in Ripon, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The Ripon real estate market had 31 homes for sale in November 2024, a 14.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ripon 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 increased by 75%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ripon, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Ripon in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Ripon, WI
We’re sorry, we don't have information for this market at the moment
