$4,150 Closing Credit*
$349,500
1,932 SqFt
3 Beds
•1 Full Bath, 1 Partial
#1988599, Lyn Herriot, Listing Office: Yellow House Realty
Is Ripon, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Ripon was a Seller's Market.
Key Takeaway
Ripon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ripon, WI
How much do homes in Ripon, WI cost?
Median Sold Price
$252,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,000(+26.0%)
Key Takeaway
Homes in Ripon have sold for 26% more than they did a year ago.
Summary: The median home sold price in Ripon was $252,000 in October 2024, up 26% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | $132K | +83.3% |
| 2 Bedrooms | $165K | $210K | +27.3% |
| 3 Bedrooms | $217K | $235K | +8.3% |
| 4 Bedrooms | $220K | $300K | +36.4% |
| 5+ Bedrooms | $205K | $314.5K | +53.4% |
Summary: Ripon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.3%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 53.4%.
Housing Supply in Ripon, WI
How many homes are available in Ripon, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Summary: The Ripon real estate market had 27 homes for sale in October 2024, a 12.9% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Ripon 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 remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 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. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Ripon in October 2024, down by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Ripon, WI
We’re sorry, we don't have information for this market at the moment
