Is Marathon County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Marathon County has remained a Seller's Market.
Key Takeaway
Marathon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marathon County, WI
How much do homes in Marathon County, WI cost?
Median Sold Price
$230,000
$131/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Marathon County have sold for 2.2% more than they did a month ago.
Summary: The median home sold price in Marathon County was $230,000 in March 2024, up 2.2% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $109.9K | N/A |
| 2 Bedrooms | $119.9K | $149.9K | +25.1% |
| 3 Bedrooms | $200.1K | $236K | +17.9% |
| 4 Bedrooms | $235K | $257.5K | +9.6% |
| 5+ Bedrooms | $445K | $444.9K | 0% |
Summary: Marathon County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Wood County | $171.5K | $215K | +25.4% |
| Portage County | $245K | $260K | +6.1% |
| Marathon County | $225K | $230K | +2.2% |
| Clark County | $205K | $200K | -2.4% |
| Lincoln County | $263.7K | $208K | -21.1% |
Housing Supply in Marathon County, WI
How many homes are available in Marathon County, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 237 | 278 | +17.3% |
Summary: The Marathon County real estate market had 278 homes for sale in March 2024, a 17.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 26 | 31 | +19.2% |
| 3 Bedrooms | 119 | 145 | +21.8% |
| 4 Bedrooms | 69 | 78 | +13.0% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The Marathon County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 79 | +58.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marathon County, you could pay more than the asking price. 44.3% of homes here sold above asking price last month.
Summary: A total of 79 homes were sold or pending in Marathon County in March 2024, up by 58.0% month-over-month. Of the 79 sold homes, 35% were sold under asking, 20% were sold at asking, and 44% were sold over asking.
Days on Market for Marathon County, WI
We’re sorry, we don't have information for this market at the moment
