Is Rib Lake, WI 54470 a buyer’s or seller’s market?
Rib Lake is a seller’s market. With about 2.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Rib Lake housing market right now
In the three months ending August 31, 2026, 0% of homes in Rib Lake, WI 54470 sold above their list price, the typical home went under contract in 79 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (83 days then) and the median sale price fell 21% to $146,137. Overall, Rib Lake is about as competitive as it was a year ago.
Within Taylor County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Gilman 54433 (33% sold over asking) and Stetsonville 54480 (33% sold over asking) are even more competitive.
Run the numbers for 54470
Nearby markets
Gilman 54433Buyer’s market $159 /sq ftLublin 54447Seller’s market $150 /sq ftMedford 54451Seller’s market $129 /sq ftSheldon 54766Seller’s market $103 /sq ft Browse all markets →Towns like Rib Lake nearby
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Questions about Rib Lake real estate
Is Rib Lake a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Rib Lake, WI 54470 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Rib Lake?
The typical home went under contract in 79 days in the latest three months.
Do homes in Rib Lake sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Rib Lake?
About 1.39% of a home’s value a year in Taylor County, or roughly $5,560 on a $400,000 home.
What is the median home price in Rib Lake?
The median sale price was $146,137 in the three months ending August 31, 2026, about $128 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology