Is Markesan, WI 53946 a buyer’s or seller’s market?
Markesan is a seller’s market. With about 3.8 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 26% of U.S. ZIP codes, and #298 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Markesan housing market right now
In the three months ending August 31, 2026, 19% of homes in Markesan, WI 53946 sold above their list price, the typical home went under contract in 83 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (59 days then) and the median sale price fell 6% to $279,879. Overall, Markesan is less competitive than a year ago, which gives buyers more room.
Within Green Lake County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Markesan ranks #298 of 319 WI ZIP codes with enough sales (score 30 out of 100).
Nearby, buyers who want less competition could look at Marquette 53947 (0% sold over asking) or Kingston 53939 (0% sold over asking).
Run the numbers for 53946
Nearby markets
Dalton 53926Seller’s market $385 /sq ftGreen Lake 54941Buyer’s market $239 /sq ftKingston 53939 $166 /sq ftMarquette 53947Buyer’s market $164 /sq ft Browse all markets →Towns like Markesan nearby
Find towns like Markesan in other states →Where Markesan is
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Questions about Markesan real estate
Is Markesan a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Markesan, WI 53946 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Markesan?
The typical home went under contract in 83 days in the latest three months.
Do homes in Markesan sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Markesan?
About 1.26% of a home’s value a year in Green Lake County, or roughly $5,040 on a $400,000 home.
What is the median home price in Markesan?
The median sale price was $279,879 in the three months ending August 31, 2026, about $175 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology