Marshfield, WI54449

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$243,000
5.8% YoY Growth
Median Household Income
$66,600
16.3% 5-Year Growth
Days on Market
56
3.0% Longer than last year
Home Price Forecast
2.3%
Median Rent
$799
4.2% YoY Growth
1-Bed Rent
$729
13.3% YoY Growth
2-Bed Rent
$895
27.5% YoY Growth
3-Bed Rent
$1,200
6.2% YoY Growth

Property Listings — Marshfield, WI

As of Oct '25, Realtor.com reports that the median days on market for a home in Marshfield, WI is 56. This is a increase of 3.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$307,000-7.0%
Listing Count
923.0%
Listings as % of Homes0.4%3.0%
Days on Market
563.0%
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Demographics — Marshfield, WI

As of the latest ACS Survey released in 2023, Marshfield, WI has a population of 26,400, which has increased by 1.8% over the past 5 years. Marshfield, WI is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
26,4001.8%
% Under 18
20.9%1.0%
% Seniors
21.8%13.0%
% WFH
9.5%179.4%
% w/ College Degree
27.1%-8.8%
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As of the latest ACS Survey released in 2023, Marshfield, WI is a predominantly white area, with 91.6% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Marshfield, WI is hispanic, making up 2.8% of the population. Foreign-born residents account for 2.4% of the population in Marshfield, WI, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.6%-2.1%
% Black
1.1%120.0%
% Hispanic
2.8%47.4%
% Asian
1.7%-37.0%
% Foreign Born
2.4%-20.0%
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Mortgage and Risk — Marshfield, WI

According to HUD data as of 2023, there were 507 mortgage originations in Marshfield, WI, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Marshfield, WI. Investor activity is low, as 2.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
507
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
24.0%

Loan Activity

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Rentals and Section 8 — Marshfield, WI

As of 2024, the percent of homes in Marshfield, WI under the Section 8 program is 8.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Marshfield, WI, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
523
Total Units Section 8
306
% Rentals under Section 8
8.5%
% Occupied Section 8
80.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$11$729$740
2 Bedroom$75$895$970
3 Bedroom$50$1,200$1,250
4 Bedroom$765$525$1,290

Affordability — Marshfield, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$243,000
Median Household Income$66,600

Marshfield, WI — ZIP Code Boundary Map

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Frequently Asked Questions