Why Live in Ripley
Ripley, a neighborhood known for its proximity to Lake Erie, offers a mix of rural and suburban living. The area features a variety of home styles, including bi-levels, manufactured homes, and colonial- and ranch-style houses. Ripley Beach provides a rocky waterfront, while Barcelona Beach, nine miles away, offers a sandy shoreline, a historic lighthouse, and a marina. Outdoor recreation is abundant with seasonal campgrounds, snowmobile trails, and nearby ski resorts like Peek'n Peak, located 20 miles south. Ripley Community Park, in the heart of town, includes playgrounds and a picnic pavilion. The neighborhood is safer than the national average, with a CAP Index crime score of 2 out of 10. Local dining options include Meeder's, a classic diner known for homemade pies, and Sensory Smokehouse & Brewpub, which serves smoked meats and craft brews. Quincy Cellars offers wine tastings and is one of many wineries in the area. For shopping, residents have access to a Dollar General in Ripley, with larger stores located in North East, Pennsylvania, and Erie. The neighborhood is car-dependent, with major routes like New York State Route 5, U.S. Route 20, and Interstate 90 providing access to Erie, 25 miles away, and Erie International Airport, approximately 35 miles away.
Frequently Asked Questions
What is the average home price in Ripley, NY?
Homes for sale in Ripley, NY have an average home price of $126,542.
Are home prices dropping in Ripley?
Yes, home prices in Ripley are down 44% in the last 12 months.
How many homes have sold over the last 12 months in Ripley, NY?
41 homes have sold in Ripley, NY over the last 12 months.
What are the most popular zip codes in Ripley, NY?
How much do you need to make to afford a house in Ripley?
The median home price in Ripley is $110,000. If you put a 20% down payment of $22,000 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $24K a year to afford the median home price in Ripley.
How are the schools in Ripley, NY?
Home Trends in Ripley, NY
On average, homes in Ripley, NY sell after 53 days on the market compared to the national average of 50 days. The median sale price for homes in Ripley, NY over the last 12 months is $116,500, down 27% from the median home sale price over the previous 12 months.
Median Sale Price
$116,500
Median Single Family Sale Price
$105,350
Average Price Per Sq Ft
$112
Number of Homes for Sale
8
Last 12 months Home Sales
41
Median List Price
$110,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-27%