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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Markesan is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Markesan has remained a Buyer's Market.

Key Takeaway

Markesan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Markesan, WI

How much do homes in Markesan, WI cost?

Median Sold Price

$307,500

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,300(-4.7%)

Key Takeaway

Homes in Markesan have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in Markesan was $307,500 in December 2024, down 4.7% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $42.5K-
N/A
2 $322.8K$218.2K
-32.4%
3 $238.4K$325.5K
+36.5%
4 $345K$331K
-4.1%
5+ $1.1M$432.5K
-62.4%

Summary: Markesan 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 decreased by 32.4%, 3 bedroom homes increased by 36.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 62.4%.

Housing Supply in Markesan, WI

How many homes are available in Markesan, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1517+13.3%

Summary: The Markesan real estate market had 17 homes for sale in December 2024, a 13.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 56
+20.0%
4 66
0.0%
5+ 22
0.0%

Summary: The Markesan 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 increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Markesan, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Markesan in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Markesan, 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

Newest Listings in Markesan, WI

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