Is Marathon County, 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, Marathon County has remained a Seller's Market.
Key Takeaway
Marathon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marathon County, WI
How much do homes in Marathon County, WI cost?
Median Sold Price
$266,531
$143/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Marathon County have sold for 6.5% less than they did a month ago.
Summary: The median home sold price in Marathon County was $266,531 in May 2024, down 6.5% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $55K | N/A |
| 2 Bedrooms | $194K | $147K | -24.2% |
| 3 Bedrooms | $248.9K | $269.9K | +8.4% |
| 4 Bedrooms | $389K | $330.5K | -15.0% |
| 5+ Bedrooms | $715K | $370.5K | -48.2% |
Summary: Marathon County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 48.2%.
Median Sold Price Compared To Nearby Counties
| Lincoln County | $210K | $262.4K | +25.0% |
| Clark County | $160.1K | $179.9K | +12.4% |
| Marathon County | $285K | $266.5K | -6.5% |
Housing Supply in Marathon County, WI
How many homes are available in Marathon County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 318 | 370 | +16.4% |
Summary: The Marathon County real estate market had 370 homes for sale in May 2024, a 16.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 39 | 44 | +12.8% |
| 3 Bedrooms | 163 | 189 | +16.0% |
| 4 Bedrooms | 86 | 102 | +18.6% |
| 5+ Bedrooms | 27 | 31 | +14.8% |
Summary: The Marathon County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 14.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 93 | 96 | +3.2% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
53 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marathon County, you could pay more than the asking price. 55.2% of homes here sold above asking price last month.
Summary: A total of 96 homes were sold or pending in Marathon County in May 2024, up by 3.2% month-over-month. Of the 96 sold homes, 24% were sold under asking, 21% were sold at asking, and 55% were sold over asking.
Days on Market for Marathon County, WI
We’re sorry, we don't have information for this market at the moment
