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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marinette County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Marinette County was a Seller's Market.

Key Takeaway

Marinette County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Marinette County, WI

How much do homes in Marinette County, WI cost?

Median Sold Price

$185,125

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,458(+7.2%)

Key Takeaway

Homes in Marinette County have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Marinette County was $185,125 in October 2024, up 7.2% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $127.3K$110K
-13.6%
2 $152.5K$159.7K
+4.7%
3 $185.5K$204K
+10.0%
4 $179.2K$220K
+22.8%
5+ $247.4K$239.9K
-3.0%

Summary: Marinette County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.6%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Counties

Oconto County
+14.6%
Menominee County
+8.2%
Marinette County
+7.2%

Housing Supply in Marinette County, WI

How many homes are available in Marinette County, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
255260+2.0%

Summary: The Marinette County real estate market had 260 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1417
+21.4%
2 9496
+2.1%
3 109107
-1.8%
4 3333
0.0%
5+ 57
+40.0%

Summary: The Marinette County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5543-21.8%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marinette County, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Marinette County in October 2024, down by 21.8% month-over-month. Of the 43 sold homes, 51% were sold under asking, 19% were sold at asking, and 30% were sold over asking.

Days on Market for Marinette County, WI

How long does it take to sell a home in Marinette County, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marinette County has remained consistent over time.

Summary: During October 2024, 43 homes were sold in Marinette County; 0% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in Marinette County, WI

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