$1,424 Closing Credit*
$119,900
624 SqFt
1 Bed
•1 Full Bath
#50301861, Richard Zoglman, Listing Office: American Dream Real Estate, Inc.
Is Marion, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Marion was a Buyer's Market.
Key Takeaway
Marion is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marion, WI
How much do homes in Marion, WI cost?
Median Sold Price
$335,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+8.1%)
Key Takeaway
Homes in Marion have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Marion was $335,000 in November 2024, up 8.1% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $256K | N/A |
| 2 Bedrooms | $215K | $255K | +18.6% |
| 3 Bedrooms | $289.9K | $302K | +4.2% |
| 4 Bedrooms | $448.3K | $340K | -24.2% |
| 5+ Bedrooms | $336K | $1.1M | +255.7% |
Summary: Marion 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 18.6%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes increased by 255.7%.
Median Sold Price Compared To Nearby Cities
| Marion | $310K | $335K | +8.1% |
| Leon | $199K | $179K | -10.1% |
Housing Supply in Marion, WI
How many homes are available in Marion, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 26 | -23.5% |
Summary: The Marion real estate market had 26 homes for sale in November 2024, a 23.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 16 | 9 | -43.8% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Marion housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 43.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marion, expect to pay close to the asking price. 83.3% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Marion in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 0% were sold under asking, 83% were sold at asking, and 17% were sold over asking.
Days on Market for Marion, WI
We’re sorry, we don't have information for this market at the moment
