Is Marion, WI 54950 a buyer’s or seller’s market?
Marion 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 Marion housing market right now
In the three months ending August 31, 2026, 25% of homes in Marion, WI 54950 sold above their list price, the typical home went under contract in 53 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 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold faster (55 days then) and the median sale price rose 11% to $277,380. Overall, Marion is more competitive than a year ago, so tougher for buyers.
Within Waupaca County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Ogdensburg 54962 (60% sold over asking) and New London 54961 (53% sold over asking) are even more competitive.
Run the numbers for 54950
Nearby markets
Clintonville 54929Seller’s market $134 /sq ftEmbarrass 54933 — /sq ftIola 54945Balanced $159 /sq ftManawa 54949Seller’s market $139 /sq ft Browse all markets →Towns like Marion nearby
Find towns like Marion in other states →Where Marion is
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Questions about Marion real estate
Is Marion a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Marion, WI 54950 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 Marion?
The typical home went under contract in 53 days in the latest three months.
Do homes in Marion sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.
What are property taxes in Marion?
About 1.38% of a home’s value a year in Waupaca County, or roughly $5,520 on a $400,000 home.
What is the median home price in Marion?
The median sale price was $277,380 in the three months ending August 31, 2026, about $168 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