Is Marinette, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marinette is a seller's market

Buyer's
Market

Difference Since December 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

$164,400

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$11,900(+7.8%)

Key Takeaway

Homes in Marinette have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Marinette was $164,400 in December 2024, up 7.8% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$65.7K
N/A
2 $122K$148K
+21.3%
3 $160K$181.7K
+13.6%
4 $154.9K$179.7K
+16.0%
5+ $229.9K$249.9K
+8.7%

Summary: Marinette housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Cities

Menominee
+13.8%
Marinette
+7.8%

Housing Supply in Marinette, WI

How many homes are available in Marinette, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6448-25.0%

Summary: The Marinette real estate market had 48 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1410
-28.6%
3 3224
-25.0%
4 1410
-28.6%
5+ 22
0.0%

Summary: The Marinette housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2011-45.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marinette, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Marinette in December 2024, down by 45.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for Marinette, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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Nearby Markets to Marinette, WI

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MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, and MiRealSource Inc. DL for the period 01/01/2023 - 01/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 2:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 2:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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