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Featured local agent — Lake Ripley, WI
Sarah Mitchell
Compass Real Estate · Lake Ripley, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Ripley, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$570,000median sale price
How is the Lake Ripley, WI housing market right now?
The median home sale price in Lake Ripley, WI is $570,000, up 90.0% year-over-year. Homes sell in an average of 43 days with 10 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Ripley a buyer's or seller's market?
Lake Ripley, WI is currently a seller's market, based on 2.0 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
43
Average pace
Active listings
10
2.0 months supply
Sale-to-list
99.0%
Below asking
What does the Lake Ripley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $570,000 |
| Median list price | $432,450 |
| Year-over-year price change | +90.0% |
| Average days on market | 43 days |
| Active inventory | 10 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $341/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 4 |
| Listings with a price cut | 10.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Ripley by property type?
How the Lake Ripley, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $646,150 | $330/sq ft | 4 | 46 days |
| Condo / Co-op | $486,000 | $579/sq ft | 1 | 17 days |
| Townhouse | $325,000 | $145/sq ft | 1 | 49 days |
Source: Redfin · Updated monthly
The Lake Ripley housing market is currently classified as a seller's market with a median sale price of $570,000. Prices have risen 90.0% compared to last year, with homes spending an average of 43 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Lake Ripley
There are currently 10 homes listed for sale in Lake Ripley, Wisconsin. The median listing price is $432K.
Active listings
10
Homes on market
Median list price
$432K
Avg. days on market
43
Days until sale
New this week
4
Newly listed
Who lives in Lake Ripley?
Population
1,972
Median income
$115,516/yr
Median age
51.5 years
Owner-occupied
85.5%
College grads
51.4%
Avg commute
26.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Ripley?
Zillow home value
$446,298
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Lake Ripley?
Lake Ripley is a community of approximately 2K residents with a median age of 51.5 years.The median household income is $115,516, which reflects a relatively affluent area with strong earning potential. 51.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Ripley offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Ripley, WI?
Want a head-to-head view? Compare Lake Ripley side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Ripley?
The median home sale price in Lake Ripley is $570,000, up 90.0% from last year.
How long do homes stay on market in Lake Ripley?
Homes typically spend 43 days on market before going under contract.
What is the median income in Lake Ripley?
The median household income is $115,516 per year.
Is Lake Ripley a buyer's or seller's market?
With 2.0 months of supply, Lake Ripley is currently a seller's market.
What is the Zillow home value estimate for Lake Ripley?
The Zillow Home Value Index (ZHVI) for Lake Ripley is $446,298, representing the typical home value in the area.
What is the median condo price in Lake Ripley?
The median condo/co-op sale price in Lake Ripley, WI is $486,000, compared to $646,150 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Ripley?
The median single-family home price in Lake Ripley, WI is $646,150 (about $330 per square foot).
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