Is Marathon, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marathon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Marathon has remained a Seller's Market.

Key Takeaway

Marathon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marathon, WI

How much do homes in Marathon, WI cost?

Median Sold Price

$538,000

$138/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$313,000(+139.1%)

Key Takeaway

Homes in Marathon have sold for 139.1% more than they did a month ago.

Summary: The median home sold price in Marathon was $538,000 in March 2024, up 139.1% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $225K$538K
+139.1%
5+ --
N/A

Summary: Marathon 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 139.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Marathon
+139.1%
Marathon City
+40.4%
Rib Mountain
-15.4%

Housing Supply in Marathon, WI

How many homes are available in Marathon, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
550.0%

Summary: The Marathon real estate market had 5 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Marathon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marathon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Marathon in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Marathon, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Marathon, WI

Nearby Markets to Marathon, WI

What housing markets are near Marathon, WI?