Is Marquette, WI 53947 a buyer’s or seller’s market?
Marquette is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Marquette housing market right now
In the three months ending August 31, 2026, 0% of homes in Marquette, WI 53947 sold above their list price, the typical home went under contract in 185 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (281 days then) and the median sale price rose 14% to $294,872. Overall, Marquette is more competitive than a year ago, so tougher for buyers.
Within Green Lake County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Green Lake 54941 (21% sold over asking) and Princeton 54968 (21% sold over asking) are even more competitive.
Run the numbers for 53947
Nearby markets
Dalton 53926Seller’s market $385 /sq ftGreen Lake 54941Buyer’s market $239 /sq ftKingston 53939 $166 /sq ftMarkesan 53946Seller’s market $175 /sq ft Browse all markets →Where Marquette is
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Questions about Marquette real estate
Is Marquette a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Marquette, WI 53947 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 Marquette?
The typical home went under contract in 185 days in the latest three months.
Do homes in Marquette sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Marquette?
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 Marquette?
The median sale price was $294,872 in the three months ending August 31, 2026, about $164 per square foot.
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More tools for 53947
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology