Marathon, WI—54448
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marathon, WI
As of Oct '25, the median home price in Marathon, WI is $285,000, with a year-over-year change of 5.3%. This indicates that home prices in Marathon, WI are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $285,000 | 5.3% |
| Single Family | $285,000 | 5.6% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Marathon, WI
As of July '25, Rentcast reports the average rent in Marathon, WI is $1,680, with a year-over-year rent change of 130.1%. Per bedroom, the median rent as of July '25 in Marathon, WI is 2-bedrooms: $900, 4-bedrooms: $2,450. The most common rental property sizes in Marathon, WI are 2-bedroom and 1-bedroom, accounting for 30.8% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,450 | $2,450 |
% of Rental Stock
Property Listings — Marathon, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Marathon, WI is 38. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $415,000 | 64.0% |
Listing Count | 14 | 192.0% |
| Listings as % of Homes | 0.1% | 192.0% |
Days on Market | 38 | -14.0% |
Demographics — Marathon, WI
As of the latest ACS Survey released in 2023, Marathon, WI has a population of 4,240, which has decreased by -5.4% over the past 5 years. Marathon, WI is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,240 | -5.4% |
% Under 18 | 22.9% | -3.8% |
% Seniors | 20.1% | 13.6% |
% WFH | 9.3% | 50.0% |
% w/ College Degree | 26.6% | 29.1% |
As of the latest ACS Survey released in 2023, Marathon, WI is a predominantly white area, with 94.9% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Marathon, WI is asian, making up 2.1% of the population. Foreign-born residents account for 1.0% of the population in Marathon, WI, and this percentage has decreased by 54.5% 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 | 94.9% | 1.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.0% | -68.8% |
% Asian | 2.1% | 133.3% |
% Foreign Born | 1.0% | -54.5% |
Mortgage and Risk — Marathon, WI
According to HUD data as of 2023, there were 144 mortgage originations in Marathon, WI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Marathon, WI. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 144 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Marathon, WI
Marathon, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | $40 | $900 | $940 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | -$1,200 | $2,450 | $1,250 |
Affordability — Marathon, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $285,000 |
| Median Household Income | $94,500 |