Is Marinette County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Marinette County has remained a Seller's Market.
Key Takeaway
Marinette County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marinette County, WI
How much do homes in Marinette County, WI cost?
Median Sold Price
$178,833
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Marinette County have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Marinette County was $178,833 in April 2024, up 4.7% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $115.5K | -14.4% |
| 2 Bedrooms | $142.9K | $152.2K | +6.5% |
| 3 Bedrooms | $172.5K | $204K | +18.3% |
| 4 Bedrooms | $185K | $200K | +8.1% |
| 5+ Bedrooms | $250K | $265K | +6.0% |
Summary: Marinette County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.4%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Counties
| Menominee County | $130K | $155K | +19.2% |
| Oconto County | $199.3K | $232.6K | +16.7% |
| Marinette County | $170.8K | $178.8K | +4.7% |
Housing Supply in Marinette County, WI
How many homes are available in Marinette County, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 153 | 180 | +17.6% |
Summary: The Marinette County real estate market had 180 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 40 | 51 | +27.5% |
| 3 Bedrooms | 81 | 95 | +17.3% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Marinette County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 38 | +35.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marinette County, you could pay more than the asking price. 44.7% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in Marinette County in April 2024, up by 35.7% month-over-month. Of the 38 sold homes, 39% were sold under asking, 16% were sold at asking, and 45% were sold over asking.
Days on Market for Marinette County, WI
How long does it take to sell a home in Marinette County, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Marinette County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 38 homes were sold in Marinette County; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.