$10,000 Closing Credit*
$1,585,000
5,649 SqFt
5 Beds
•3 Full Baths
#22405774, THE WARAKSA GROUP, Listing Office: ROCK SOLID REAL ESTATE
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
$250,000
$143/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$15,000(-5.7%)
Key Takeaway
Homes in Marathon County have sold for 5.7% less than they did a month ago.
Summary: The median home sold price in Marathon County was $250,000 in November 2024, down 5.7% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | - | N/A |
| 2 Bedrooms | $205K | $166.5K | -18.8% |
| 3 Bedrooms | $260K | $246K | -5.4% |
| 4 Bedrooms | $297.5K | $317.5K | +6.7% |
| 5+ Bedrooms | $330K | $425K | +28.8% |
Summary: Marathon County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 28.8%.
Median Sold Price Compared To Nearby Counties
| Portage County | $276K | $267.4K | -3.1% |
| Wood County | $250K | $237K | -5.2% |
| Marathon County | $265K | $250K | -5.7% |
| Clark County | $180.5K | $165K | -8.6% |
| Lincoln County | $320K | $289.5K | -9.5% |
Housing Supply in Marathon County, WI
How many homes are available in Marathon County, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 454 | 366 | -19.4% |
Summary: The Marathon County real estate market had 366 homes for sale in November 2024, a 19.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 58 | 49 | -15.5% |
| 3 Bedrooms | 249 | 201 | -19.3% |
| 4 Bedrooms | 109 | 83 | -23.9% |
| 5+ Bedrooms | 33 | 31 | -6.1% |
Summary: The Marathon County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 15.5%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes decreased by 23.9%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 140 | 111 | -20.7% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marathon County, you could pay more than the asking price. 49.5% of homes here sold above asking price last month.
Summary: A total of 111 homes were sold or pending in Marathon County in November 2024, down by 20.7% month-over-month. Of the 111 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for Marathon County, WI
How long does it take to sell a home in Marathon County, WI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Marathon County has remained consistent over time.
Summary: During November 2024, 111 homes were sold in Marathon County; 0% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
