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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshall is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Marshall has remained a Seller's Market.

Key Takeaway

Marshall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marshall, WI

How much do homes in Marshall, WI cost?

Median Sold Price

$400,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,000(+6.4%)

Key Takeaway

Homes in Marshall have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Marshall was $400,000 in October 2024, up 6.4% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$165K
N/A
2 $240K$317K
+32.1%
3 $325K$395.6K
+21.7%
4 $430.4K$400K
-7.1%
5+ $410K$866K
+111.2%

Summary: Marshall housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 111.2%.

Housing Supply in Marshall, WI

How many homes are available in Marshall, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2123+9.5%

Summary: The Marshall real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 1011
+10.0%
4 78
+14.3%
5+ 01
+100.0%

Summary: The Marshall housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshall, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Marshall in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Marshall, 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 20 Days Ago

Newest Listings in Marshall, WI

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