New - 7 days on Rocket
$2,909 Closing Credit¹
#10191217, Listing Office: Epique Realty
Ripley Housing Market Report February 2025•Lauderdale County, Tennessee
Housing Prices in Ripley, TN
How much do homes in Ripley, TN cost?
Housing Market Conditions
Is Ripley, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ripley is a Seller's Market
Difference Since January 2025
Last month, Ripley has remained a Seller's Market.
Insight
Ripley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$92,000$99/SqFt
-$55,950
-37.8%
Based on all homes sold in February 2025
Insight
Homes in Ripley have sold for 37.8% less than they did a month ago.
Summary: The median home sold price in Ripley was $92,000 in February 2025, down 37.8% from last month, and the median price per square foot was $99.
Median Sold Price By Cities
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| Ripley | $147.9K | $92K | -37.8% |
| Henning | $219K | $20K | -90.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $108.9K | $92K | -15.6% |
| 33 Bedrooms | $112K | $80K | -28.6% |
| 44 Bedrooms | $170K | $155K | -8.8% |
| 55+ Bedrooms | - | - | N/A |
Summary: Ripley housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -15.6%. The home price for 3 bedroom homes decreased by -28.6%. The home price for 4 bedroom homes decreased by -8.8%. The home price for 5 bedroom homes did not change.
Housing supply in Ripley, TN
How many homes are available in Ripley, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 50Last MonthFeb 2025 | ||
| 442 months agoJan 2025 | +13.6 % Change MoMJan – Feb |
Summary: The Ripley real estate market had 50 homes for sale in Feb 2025, a 13.6 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthFeb 2025 | ||
| 82 months agoJan 2025 | +12.5 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 7 | 7 | 0.0% |
| 33 Bedrooms | 24 | 30 | +25.0% |
| 44 Bedrooms | 10 | 9 | -10.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Ripley housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes decreased by -10.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Ripley, TN cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price7 Homes
Insight
If you're buying a home in Ripley, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Ripley in February 2025, up by 12.5% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and and 11% were sold over asking.
Days on Market for Ripley, TN
How long does it take to sell a home in Ripley, TN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Ripley are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 9 homes were sold in Ripley; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 4 DaysLast MonthFeb 2025 | ||
| 45 Days1 month agoJan 2025 | -91.1 % Change MoMJan – Feb |
Summary: Homes in Ripley had an average listing age of 4 days in Feb 2025, down by 91.1% compared to the previous month.
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Newest Listings in Ripley, TN
What homes are available in Ripley, TN?
$2,849 Closing Credit¹
#10190993, Listing Office: Lankford Realty Co.
$2,731 Closing Credit¹
#10190374, Listing Office: Unique Properties
$178 Closing Credit¹
#10190043, Listing Office: KAIZEN Realty, LLC
$356 Closing Credit¹
#10190041, Listing Office: KAIZEN Realty, LLC
$3,086 Closing Credit¹
#10189810, Listing Office: Lankford Realty Co.
$2,690 Closing Credit¹
#10189783, Listing Office: Exit Realty Blues City
$1,294 Closing Credit¹
#10189743, Listing Office: eXp Realty, LLC
$356 Closing Credit¹
#10189675, Listing Office: Unique Properties
#10189473, Listing Office: Lankford Realty Co.
#10189230, Listing Office: Exit Realty Blues City
#10189171, Listing Office: Lankford Realty Co.
Nearby markets
Nearby markets aren't available for Ripley, TN
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MLS Disclaimers and Copyright
Based on information from Memphis MLS, for the period 01/01/2025 - 03/01/2025
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.