Rib Lake Housing Market Report December 2024•Taylor County, Wisconsin

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Housing Prices in Rib Lake, WI

How much do homes in Rib Lake, WI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$259,900$158/SqFt
+$50,000
+23.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Rib Lake has increased by 23.8% since last year.

Summary: The median home list price in Rib Lake was $259,900 in December 2024, up 23.8% from the previous year, and the median price per square foot was $158.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1--
N/A
2$217.5K$174.9K
-19.6%
3$149.9K$297K
+98.1%
4$209.9K$280K
+33.4%
5$430.1K$319K
-25.8%

Summary: Rib Lake housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -19.6%. The home price for 3 bedroom homes increased by +98.1%. The home price for 4 bedroom homes increased by +33.4%. The home price for 5 bedroom homes decreased by -25.8%.

Housing supply in Rib Lake, WI

How many homes are available in Rib Lake, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
9Last MonthDec 2024
72 months agoNov 2024
+28.6 %
Change MoMNov – Dec

Summary: The Rib Lake real estate market had 9 homes for sale in Dec 2024, a 28.6 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
223
+50.0%
356
+20.0%
400
0.0%
500
0.0%

Summary: Rib Lake housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Rib Lake, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Rib Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rib Lake in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Rib Lake, WI

How long does it take to sell a home in Rib Lake, WI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
160 DaysThis YearDec 2024
206 Days1 year agoDec 2023
-22.3 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Rib Lake had an average listing age of 160 days in Dec 2024, down by 22.3% compared to the previous year.

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Newest Listings in Rib Lake, WI

What homes are available in Rib Lake, WI?

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Nearby markets

Nearby markets aren't available for Rib Lake, WI

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MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, for the period 01/01/2023 - 01/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.