Year over year, Marquette’s typical home value has risen nearly 8 percent, landing around $410,000 in the latest rolling three-month view. Median list prices are slightly lower than a year ago, suggesting sellers are pricing more carefully even as values trend upward. Inventory is down about 16 percent from last year, which helps keep conditions tilted toward sellers.
Looking at recent activity, the rolling three-month period ending in May shows 65 active listings and 27 homes sold, with 42 new listings coming on the market. Homes are taking longer to move than a year ago, with the median days on market up sharply to 56 days, yet just over half of listings are still going under contract within two weeks.
Supply has eased but is not abundant, with about 4.2 months of inventory compared with tighter levels seen in prior years. Roughly 39 percent of recent sales closed above list price, and the average sale-to-list ratio sits just over 101 percent, indicating buyers often need to come in near or above asking to win a home. This rolling three-month snapshot shows a market where motivated sellers can succeed with realistic pricing and buyers benefit from careful strategy, and Agent Pronto can help both sides connect with a Marquette agent who understands these conditions.
