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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshfield is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Marshfield 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 Marshfield, WI

How much do homes in Marshfield, WI cost?

Median Sold Price

$239,300

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,850(+6.6%)

Key Takeaway

Homes in Marshfield have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Marshfield was $239,300 in November 2024, up 6.6% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115K-
N/A
2 $150K$152.2K
+1.5%
3 $212.5K$235K
+10.6%
4 $292.5K$270K
-7.7%
5+ $390K$353K
-9.5%

Summary: Marshfield 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 1.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 9.5%.

Median Sold Price Compared To Nearby Cities

Marshfield
+6.6%
Malone
-22.1%

Housing Supply in Marshfield, WI

How many homes are available in Marshfield, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
122120-1.6%

Summary: The Marshfield real estate market had 120 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 4755
+17.0%
4 4134
-17.1%
5+ 2019
-5.0%

Summary: The Marshfield 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 decreased by 14.3%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2418-25.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshfield, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Marshfield in November 2024, down by 25.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.

Days on Market for Marshfield, 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 21 Days Ago

Newest Listings in Marshfield, WI

Nearby Markets to Marshfield, WI