Is Markesan, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Markesan was a Seller's Market.
Key Takeaway
Markesan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Markesan, WI
How much do homes in Markesan, WI cost?
Median Sold Price
$288,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Markesan have sold for 14% less than they did a year ago.
Summary: The median home sold price in Markesan was $288,000 in March 2024, down 14% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $42.5K | N/A |
| 2 Bedrooms | $320K | $325.9K | +1.8% |
| 3 Bedrooms | $145K | $236.7K | +63.2% |
| 4 Bedrooms | $1.0M | $322.5K | -70.1% |
| 5+ Bedrooms | $652.5K | $1.1M | +79.2% |
Summary: Markesan housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 63.2%, 4 bedroom homes decreased by 70.1%, and 5+ bedroom homes increased by 79.2%.
Housing Supply in Markesan, WI
How many homes are available in Markesan, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Markesan real estate market had 24 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Markesan 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 decreased by 9.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Markesan, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Markesan in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Markesan, WI
We’re sorry, we don't have information for this market at the moment
