Marinette County Housing Market Report December 2024Marinette County, Wisconsin

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Housing Prices in Marinette County, WI

How much do homes in Marinette County, WI cost?

Housing Market Conditions

Is Marinette County, WI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Marinette County is a Seller's Market

Difference Since December 2023

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

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$185,000$144/SqFt
+$10,125
+5.8%

Based on all homes sold in the last 12 months

Insight

Homes in Marinette County have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Marinette County was $185,000 in December 2024, up 5.8% from last year, and the median price per square foot was $144.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Menominee County
+16.8%
Oconto County
+13.8%
Marinette County
+5.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$122.5K$126.2K
+3.1%
2$155K$158.1K
+2.0%
3$189.9K$210K
+10.6%
4$178.5K$212.5K
+19.0%
5$230K$249.9K
+8.7%

Summary: Marinette County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +3.1%. The home price for 2 bedroom homes increased by +2.0%. The home price for 3 bedroom homes increased by +10.6%. The home price for 4 bedroom homes increased by +19.0%. The home price for 5 bedroom homes increased by +8.7%.

Housing supply in Marinette County, WI

How many homes are available in Marinette County, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
185Last MonthDec 2024
2162 months agoNov 2024
-14.4 %
Change MoMNov – Dec

Summary: The Marinette County real estate market had 185 homes for sale in Dec 2024, a 14.4 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
40Last MonthDec 2024
512 months agoNov 2024
-21.6 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
11411
-21.4%
27564
-14.7%
39279
-14.1%
42925
-13.8%
566
0.0%

Summary: Marinette County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -21.4%. The inventory for 2 bedroom homes decreased by -14.7%. The inventory for 3 bedroom homes decreased by -14.1%. The inventory for 4 bedroom homes decreased by -13.8%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Marinette County, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price6 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in Marinette County, you may be able to get a good deal. 67.5% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in Marinette County in December 2024, down by 21.6% month-over-month. Of the 40 sold homes, 68% were sold under asking, 15% were sold at asking, and and 18% were sold over asking.

Days on Market for Marinette County, WI

How long does it take to sell a home in Marinette County, WI?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Marinette County are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 40 homes were sold in Marinette County; 5% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
25 DaysThis YearDec 2024
0 Days1 year agoDec 2023
0.0 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Marinette County had an average listing age of 25 days in Dec 2024, down by .0% compared to the previous year.

Newest Listings in Marinette County, WI

What homes are available in Marinette County, WI?

MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, and MiRealSource Inc. DL for the period 01/01/2023 - 01/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.