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 Last Month

Last month, Markesan was a Neutral 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

$80,000

$52/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$390,000(-83.0%)

Key Takeaway

Homes in Markesan have sold for 83% less than they did a month ago.

Summary: The median home sold price in Markesan was $80,000 in November 2024, down 83% from last month, and the median price per square foot was $52.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $429.5K$80K
-81.4%
4 $540K-
N/A
5+ --
N/A

Summary: Markesan housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 81.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Markesan, WI

How many homes are available in Markesan, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The Markesan real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 76
-14.3%
4 67
+16.7%
5+ 22
0.0%

Summary: The Markesan housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

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 November 2024, down by 66.7% month-over-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 2 Days Ago

Newest Listings in Markesan, WI

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