$2,018 Closing Credit*
$169,900
1,600 SqFt
#50301460, Megan Sullivan, Listing Office: Berkshire Hathaway HomeServices Northern Real Estate Group
Is Marinette, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Marinette has remained a Seller's Market.
Key Takeaway
Marinette is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marinette, WI
How much do homes in Marinette, WI cost?
Median Sold Price
$163,800
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,850(+5.7%)
Key Takeaway
Homes in Marinette have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Marinette was $163,800 in November 2024, up 5.7% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $65.7K | N/A |
| 2 Bedrooms | $125K | $146K | +16.8% |
| 3 Bedrooms | $160K | $176K | +10.0% |
| 4 Bedrooms | $155.7K | $170K | +9.1% |
| 5+ Bedrooms | $219.9K | $249.9K | +13.6% |
Summary: Marinette housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Cities
| Menominee | $145K | $160K | +10.3% |
| Marinette | $154.9K | $163.8K | +5.7% |
| Porterfield | $254.9K | $227.5K | -10.8% |
Housing Supply in Marinette, WI
How many homes are available in Marinette, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 71 | 0.0% |
Summary: The Marinette real estate market had 71 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 18 | 14 | -22.2% |
| 3 Bedrooms | 34 | 35 | +2.9% |
| 4 Bedrooms | 13 | 17 | +30.8% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Marinette housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marinette, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Marinette in November 2024, up by 6.3% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Marinette, WI
How long does it take to sell a home in Marinette, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marinette are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Marinette; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.