Is Marshfield, 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, Marshfield has remained a Seller's Market.
Key Takeaway
Marshfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marshfield, WI
How much do homes in Marshfield, WI cost?
Median Sold Price
$221,000
$133/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Marshfield have sold for 26.3% more than they did a month ago.
Summary: The median home sold price in Marshfield was $221,000 in March 2024, up 26.3% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $151K | $126.5K | -16.2% |
| 3 Bedrooms | $175K | $221K | +26.3% |
| 4 Bedrooms | $363.5K | $330K | -9.2% |
| 5+ Bedrooms | $365K | $350K | -4.1% |
Summary: Marshfield 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 decreased by 16.2%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 4.1%.
Housing Supply in Marshfield, WI
How many homes are available in Marshfield, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 | 81 | +17.4% |
Summary: The Marshfield real estate market had 81 homes for sale in March 2024, a 17.4% 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 | 11 | 9 | -18.2% |
| 3 Bedrooms | 25 | 38 | +52.0% |
| 4 Bedrooms | 25 | 26 | +4.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Marshfield 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 decreased by 18.2%, 3 bedroom homes increased by 52%, 4 bedroom homes increased by 4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marshfield, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Marshfield in March 2024, up by 38.5% month-over-month. Of the 18 sold homes, 61% were sold under asking, 17% were sold at asking, and 22% were sold over asking.
Days on Market for Marshfield, WI
We’re sorry, we don't have information for this market at the moment
