Markesan, WI—53946
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Markesan, WI
Markesan, WI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $294,000 | 3.4% |
| Single Family | $295,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $314,000 | 1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Markesan, WI
Markesan, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Markesan, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Markesan, WI is 55. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | -49.0% |
Listing Count | 19 | 88.0% |
| Listings as % of Homes | 0.7% | 88.0% |
Days on Market | 55 | 33.0% |
Demographics — Markesan, WI
As of the latest ACS Survey released in 2023, Markesan, WI has a population of 4,310, which has decreased by -1.4% over the past 5 years. Markesan, WI is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,310 | -1.4% |
% Under 18 | 24.8% | 5.1% |
% Seniors | 23.9% | 11.2% |
% WFH | 12.2% | 6.1% |
% w/ College Degree | 22.9% | 29.4% |
As of the latest ACS Survey released in 2023, Markesan, WI is a predominantly white area, with 92.5% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Markesan, WI is hispanic, making up 5.4% of the population. Foreign-born residents account for 2.0% of the population in Markesan, WI, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.5% | 2.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 5.4% | -11.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.0% | -33.3% |
Mortgage and Risk — Markesan, WI
According to HUD data as of 2023, there were 79 mortgage originations in Markesan, WI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Markesan, WI. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Markesan, WI
Markesan, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 11.0% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — Markesan, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $294,000 |
| Median Household Income | $73,200 |