Ripon, WI—54971
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ripon, WI
As of Oct '25, the median home price in Ripon, WI is $247,000, with a year-over-year change of 4.9%. This indicates that home prices in Ripon, WI are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 4.9% |
| Single Family | $247,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | 6.3% |
3 Bed | $228,000 | 4.1% |
4 Bed | $264,000 | 4.3% |
| 5 Bed | $296,000 | 3.1% |
% of Housing Stock
Rental Trends — Ripon, WI
As of July '25, Rentcast reports the average rent in Ripon, WI is $1,040, with a year-over-year rent change of 20.9%. Per bedroom, the median rent as of July '25 in Ripon, WI is 1-bedrooms: $733, 2-bedrooms: $896, 3-bedrooms: $1,180, 4-bedrooms: $2,000. The most common rental property sizes in Ripon, WI are 1-bedroom and 2-bedroom, accounting for 43.4% and 36.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $998 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $725 | $733 |
| 2 Bed Rent | $910 | $896 |
| 3 Bed Rent | $1,150 | $1,180 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Ripon, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Ripon, WI is 36. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | -6.0% |
Listing Count | 45 | 7.0% |
| Listings as % of Homes | 0.2% | 7.0% |
Days on Market | 36 | -24.0% |
Demographics — Ripon, WI
As of the latest ACS Survey released in 2023, Ripon, WI has a population of 10,800, which has increased by 1.9% over the past 5 years. Ripon, WI is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,800 | 1.9% |
% Under 18 | 17.7% | -14.5% |
% Seniors | 22.8% | 15.2% |
% WFH | 12.5% | 95.3% |
% w/ College Degree | 26.0% | 9.7% |
As of the latest ACS Survey released in 2023, Ripon, WI is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Ripon, WI is hispanic, making up 3.9% of the population. Foreign-born residents account for 2.4% of the population in Ripon, WI, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.2% | -2.7% |
% Black | 0.5% | 150.0% |
% Hispanic | 3.9% | 8.3% |
% Asian | 0.3% | -72.7% |
% Foreign Born | 2.4% | -33.3% |
Mortgage and Risk — Ripon, WI
According to HUD data as of 2023, there were 150 mortgage originations in Ripon, WI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Ripon, WI. Investor activity is low, as 3.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 150 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Ripon, WI
As of 2024, the percent of homes in Ripon, WI under the Section 8 program is 7.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Ripon, WI, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 106 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $35 | $725 | $760 |
| 2 Bedroom | $40 | $910 | $950 |
| 3 Bedroom | $80 | $1,150 | $1,230 |
| 4 Bedroom | -$580 | $2,000 | $1,420 |
Affordability — Ripon, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $247,000 |
| Median Household Income | $65,900 |