$175,000
30.06 Acres
Land
#50301989, Francine Kitkowski, Listing Office: Assist 2 Sell Buyers & Sellers Realty, LLC
Is Marinette County, 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 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
$183,166
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,166(+4.7%)
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 $183,166 in November 2024, up 4.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.5K | $118.7K | -3.1% |
| 2 Bedrooms | $155.5K | $156.4K | +0.6% |
| 3 Bedrooms | $187K | $204K | +9.1% |
| 4 Bedrooms | $188K | $202K | +7.4% |
| 5+ Bedrooms | $229.9K | $257.4K | +12.0% |
Summary: Marinette County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Counties
| Oconto County | $212.4K | $249.9K | +17.7% |
| Menominee County | $150K | $172K | +14.7% |
| Marinette County | $175K | $183.1K | +4.7% |
Housing Supply in Marinette County, WI
How many homes are available in Marinette County, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 243 | 241 | -0.8% |
Summary: The Marinette County real estate market had 241 homes for sale in November 2024, a 0.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 15 | +7.1% |
| 2 Bedrooms | 91 | 80 | -12.1% |
| 3 Bedrooms | 98 | 104 | +6.1% |
| 4 Bedrooms | 33 | 36 | +9.1% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Marinette County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 44 | -2.2% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marinette County, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Marinette County in November 2024, down by 2.2% month-over-month. Of the 44 sold homes, 61% were sold under asking, 16% were sold at asking, and 23% were sold over asking.
Days on Market for Marinette County, WI
How long does it take to sell a home in Marinette County, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 18 Days | +12.5% |
Summary: Homes in Marinette County had an average of 18 days on market in Nov 2024, up by 12.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were 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 County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 44 homes were sold in Marinette County; 5% 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.