Market Overview
Home Prices in Lake Ripley, WI
The median home value in Lake Ripley, WI is $446,298 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Ripley are priced9% above average. Lake Ripley is part of the Watertown-Fort Atkinson, WI metro area.
Over the past five years, Lake Ripley home values have risen by approximately30.3%, reflecting strong long-term appreciation in this market.
Price History
Lake Ripley Home Price Trend
City Comparison
Lake Ripley vs. National Median
At $446,298, homes in Lake Ripley cost 9% above the national median of $410,000. Buyers in Lake Ripley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lake Ripley?
20% Down Payment
$89,260
on $446,298
Monthly P&I
$2,328/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,957/mo
incl. taxes & insurance
Income Needed
$118,280
gross annual (30% rule)
10% Down Option
$44,630
+ PMI applies
Loan Amount (20% dn)
$357,038
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake Ripley, WI?
The median home value in Lake Ripley is $446,298 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Lake Ripley?
Over the past year, home values in Lake Ripley have increased by 3.9%. Over five years, prices have risen approximately 30.3%.
How much do I need to earn to buy a home in Lake Ripley?
To comfortably afford the median home price of $446,298 with a 20% down payment ($89,260) at today's rates (6.8%), you'd need a gross annual income of approximately $118,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Ripley compare to the national average home price?
The national median home value is approximately $410,000. At $446,298, homes in Lake Ripley are 9% above the national average.
What metro area is Lake Ripley part of?
Lake Ripley is part of the Watertown-Fort Atkinson, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.