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
$252,950
$133/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Marshfield have sold for 14.5% more than they did a month ago.
Summary: The median home sold price in Marshfield was $252,950 in April 2024, up 14.5% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $133K | - | N/A |
| 3 Bedrooms | $230K | $234.9K | +2.2% |
| 4 Bedrooms | $330K | $265K | -19.7% |
| 5+ Bedrooms | $350K | $1.2M | +242.9% |
Summary: Marshfield housing prices by bedroom type for April 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 increased by 2.2%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes increased by 242.9%.
Median Sold Price Compared To Nearby Cities
| Marshfield | $221K | $252.9K | +14.5% |
| Malone | $282.5K | $235K | -16.8% |
Housing Supply in Marshfield, WI
How many homes are available in Marshfield, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 85 | 106 | +24.7% |
Summary: The Marshfield real estate market had 106 homes for sale in April 2024, a 24.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 42 | 55 | +31.0% |
| 4 Bedrooms | 26 | 34 | +30.8% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Marshfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 28 | +40.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marshfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Marshfield in April 2024, up by 40.0% month-over-month. Of the 28 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.
Days on Market for Marshfield, WI
We’re sorry, we don't have information for this market at the moment
